Thu, Mar 10, 2022
Aircraft Equipment Manufacturer Sees Bright Future Under Expert Tutelage of Strategic Advisors and Industry Contacts
uAvionix has announced its impending acquisition by DC Capital Partners.
The company will join the rest of the DC Partners portfolio, which will "propel uAvionix forward with the means to impact the broader aerospace and defense markets." The private equity investment firm retains more than $1 billion in total investments, with more than 60 acquisitions under its belt. That experience has allowed them to develop a strategic, systematic approach to shore up the efficiency of those companies that join the fold. DC Partners maintains that the inclusion of their strategic advisors are key to growing uAvionix. Their friends and contacts throughout the industry, or, as the firm refers to them - "well-respected senior diplomatic, intelligence, and military officials" - could prove to be a bountiful source of business advancement as the company looks to expand their customer base.
CEO of uAvionix Paul Beard said that the two are well matched. “DC Partners share our passion for connecting everything that flies, especially our current general aviation and UAS avionics products." Bear continued, describing them as an expert in bringing smaller, younger companies into the prime of their operational lives. "DCCPs experience in maturing young companies will help us to improve our internal operations, allowing us to expand our solutions to existing, adjacent and defense markets, while enabling us to scale globally."
“I’m incredibly proud of how far we’ve come in just 7 years since our founding," said Beard. “This next chapter with DCCP will be just as challenging, just as exciting, and propel us even further along our aerospace and defense trajectory," he closed.
President and founder of DC Capital Partners, Thomas Campbell, said his firm is excited for the new addition. “We are extremely pleased to partner with Paul and the team. uAvionix has a history of developing and delivering disruptive technology to the manned and unmanned sectors. Their highly skilled and talented workforce continues to develop new and game-changing solutions to meet evolving requirements. We will continue to grow the company and to deliver innovative technologies and differentiated capabilities and solutions to our customers.”
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