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  • Eqlipse Technologies, an Arlington Capital Partners Portfolio Company, to Acquire SR Technologies

    Eqlipse Technologies, an Arlington Capital Partners Portfolio Company, to Acquire SR Technologies

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    HERNDON, Va., November 1, 2023 (Newswire.com)
    –
    Eqlipse Technologies (“Eqlipse”), a leading provider of differentiated products and high‑end engineering solutions to the Department of Defense (DoD) and Intelligence Community (IC), today announced it has agreed to acquire SR Technologies (“SRT” or the “Company”). Eqlipse is a portfolio company of Arlington Capital Partners (“Arlington”), a Washington, D.C.-area private equity firm with extensive experience investing in regulated industries. Financial terms were not disclosed.

    Founded in 1998, SRT is a critical provider of signals intelligence (“SIGINT”) and electronic warfare (“EW”) technologies to leading governmental, military, and commercial organizations worldwide. Operating out of the Company’s 77,000 square foot facility near Fort Lauderdale, Florida, the Company’s portfolio includes custom-designed tactical solutions across mobile satellite communications, Wi-Fi, and Bluetooth signals of interest (“SOIs”) to support the most demanding DoD, IC, U.S. Federal Law Enforcement, and ally missions in the harshest environments. 

    “We are proud to have SRT join the Eqlipse team and further expand our technical offerings to modernize the military’s capabilities and deliver critical, cutting-edge technologies into the hands of the warfighter,” said Dennis Kelly, CEO of Eqlipse. “The forward-leaning investments that SRT has made in developing next-generation SIGINT and EW solutions securely position SRT for future critical programs and aligns directly with the mission and ethos of Eqlipse.”

    “We are thrilled to join Eqlipse and continue to drive and develop innovative, next-generation solutions into the hands of our customers,” said Rick Lund, Founder & Chairman, SRT. “Aligning with Eqlipse – and the additional resources the combined company brings to bear – will further allow us to deliver critical capabilities to an expanding base of both new and existing customers.”

    SRT’s product offerings include its Windjammer, LANShark and BlueFin solutions. The Company has been granted 51 U.S. patents covering satellite communications, Wi-Fi, and Bluetooth SOIs. In addition, SRT has positioned itself as an industry leader in open standards-based offerings that promote the type of modularity, scalability, and interoperability that the U.S. Government requires to facilitate technology innovations, mission planning, and awareness in support of EW.

    David Wodlinger, a Managing Partner at Arlington Capital Partners, said “Eqlipse is focused on bringing innovation to our customers’ missions through research and development, novel technologies, and market leading capabilities for complex problems. SRT’s culture of innovation, cutting-edge products, and a dedicated team are natural fit with Eqlipse and we are excited about the technology that we can build together. 

    Henry Albers, a Vice President at Arlington Capital Partners, said “SRT has reached an inflection point as its proprietary SIGINT and EW products are positioned to define critical modernization programs across the national security community. With access to the infrastructure and resources of Eqlipse, we are confident that the Company will continue to be a leading innovator in these domains.”

    The transaction is expected to close in the fourth quarter of 2023, subject to regulatory approvals and customary closing conditions.

    Cadence M&A Advisors and Polsinelli PC served as financial advisor and legal counsel to SRT, respectively. Goodwin Proctor served as legal counsel to Eqlipse Technologies.

    Source: Eqlipse Technologies

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  • Arlington Capital Partners Announces Formation of Eqlipse Technologies

    Arlington Capital Partners Announces Formation of Eqlipse Technologies

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    New platform delivers capabilities across full-spectrum cyber and SIGINT engineering, digital operations and identity management, and advanced R&D to address critical national security missions.


    WASHINGTON, March 21, 2023 (Newswire.com)
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    Arlington Capital Partners today announced the formation of Eqlipse Technologies (“Eqlipse” or the “Company”), which is expected to be effective as of the end of the first quarter, 2023. The Company has industry-leading capabilities spanning full-spectrum cyber and signals intelligence (“SIGINT”) engineering, digital operations and identity management, and cutting-edge research and development (“R&D”). Eqlipse utilizes these core capabilities to deliver end-to-end mission-oriented solutions to key national security customers within the Department of Defense (“DoD”) and Intelligence Community (“IC”).

    “We are excited to announce the formation of Eqlipse, which is purpose-built to provide our essential national security agencies with the innovation they need as their missions evolve,” said David Wodlinger, a Managing Partner at Arlington Capital Partners. “Eqlipse is launching with a strong foundation built on decades of history and experience working with our customers, a growing portfolio of proprietary technologies, and a cadre of world-class subject matter experts pushing the art of the possible every day.” 

    Eqlipse supports critical needs across the full cyber domain, including offensive and defensive cyber, SIGINT engineering, computer network operations (“CNO”), and software development. The Company specializes in developing next-generation systems, solving high-performance big data challenges, and building tailored multi-tier data-driven analytic systems. The company is also a market leader in technologies for digital operations and identity management. 

    “As technology evolves and our infrastructure increasingly shifts to a digital domain, cybersecurity becomes an even more critical component of our national security,” said Dennis Kelly, Chief Executive Officer of Eqlipse. “Eqlipse was created to provide an operational advantage to our customers as their missions evolve to new, virtual battlefields.”

    Eqlipse has been solving scientific challenges for high-profile government customers with mission-critical needs for nearly 50 years. Underpinned by world-class scientists and engineers along with state-of-the-art infrastructure, Eqlipse is at the vanguard of fundamental scientific research and technology development. The Company has an established reputation for thought leadership in the areas of photonics, electronics, materials science, and biological and nanoscale technologies, among other disciplines, generating over 100 publications and numerous patents annually in these fields. Building on this distinguished R&D history, Eqlipse continues to mature the most promising research innovations into proprietary technologies with direct mission impact. 

    Eqlipse has more than 600 employees across three primary locations – Herndon, Virginia, Annapolis Junction, Maryland, and Dayton, Ohio – and more than $200 million in revenue. The employee base is highly educated with more than 115 PhDs and 45% of the workforce holding advanced degrees. 

    “The name Eqlipse communicates the total alignment of the Company’s innovative culture with the mission needs of our customers,” said Henry Albers, a Vice President at Arlington Capital Partners. “We will continue to invest significant resources behind Eqlipse to recruit industry-leading scientists and engineers, build out state-of-the-art facilities and labs, and fund the IRAD necessary to continue to deliver innovation for the most pressing missions.”

    About Eqlipse

    Eqlipse Technologies provides products and high-end engineering services to ensure our customers in the Department of Defense and Intelligence Community succeed in their most critical missions. Our industry-leading capabilities in virtual operations, identity management, signals intelligence, full-spectrum cyber and online operations, align with our state-of-the-art scientific research and technology services, ensuring that our essential national security agencies operate at the speed of innovation as their missions evolve to new battlefields. When innovation and mission are in total alignment, you’ll find Eqlipse. For more information: www.EqlipseTechnologies.com.

    Source: Eqlipse Technologies

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