QuantiTech is a leading provider of highly technical engineering services to the Army, Air Force, NASA, and various other key defense agencies responsible for maintaining technological superiority.
FERMONT, CA: QuantiTech, a portfolio company of Sagewind Capital LLC, announced that it has acquired Systems Engineering Group, Inc. (SEG) from Griffon Corporation. The financial terms of the transaction were not disclosed.
Headquartered in Columbia, Maryland, SEG is a leading provider of threat engineering and modeling and simulation services to the U.S. Government, primarily supporting the Naval Surface Warfare Center, Missile Defense Agency, and Office of Naval Intelligence. SEG provides advanced, physics-based threat modeling, engineering, and analytics services to support U.S. Government requirements for weapons and missile systems development, simulation, testing, and analysis. The management team and employees of SEG will continue with the business as a part of QuantiTech.
"We are extremely excited to welcome SEG to the QuantiTech family," said Randy Cash, Chairman of the Board of QuantiTech. "This combination brings together two companies with an extraordinary depth of talent and expertise in high-end engineering. By strengthening our capabilities in the missile defense, hypersonics, and intel markets, we will be even better positioned to continue serving the important missions of the U.S. Government."
Paul, Weiss, Rifkind, Wharton & Garrison served as legal advisor to QuantiTech. Chertoff Capital, LLC served as exclusive financial advisor, and Dechert served as legal advisor to Griffon Corporation.
"As announced this past summer, SEG has been looking to partner with a new parent organization that is more strategically focused on government technical services," said Michael Anderson, President of SEG. "We are thrilled to have found that partner in QuantiTech and are energized by the opportunities created through this combination. QuantiTech's complementary customers and capabilities will allow us to expand our presence as a leader in threat engineering and modeling & simulation."