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Arlington Capital Partners Announces The Acquisition Of Pegasus Steel

PRIVATEJun 14, 2023

Acquiring Company

Arlington Capital

Acquired Company

Pegasus Steel

United StatesVenture CapitalManufacturingConstructionBuilding Material

Description

Arlington Capital Partners (“Arlington”), a Washington, DC-area private equity firm, today announced that it has acquired Pegasus Steel LLC (“Pegasus” or the “Company”), a leading provider of complex fabricated steel structures used for the construction of submarines, aircraft carriers and other naval and industrial systems. Pegasus is headquartered near Charleston, South Carolina with approximately 350,000 square feet of manufacturing space. Tony Deering, Pegasus’ Founder & CEO, will continue to operate the Company along with the rest of the current management team after closing.

Quick answer

Arlington Capital is acquiring Pegasus Steel, announced June 14, 2023. Arlington Capital is based in United States.

How much did Arlington Capital pay for Pegasus Steel?
The deal value was not disclosed.
What does Arlington Capital do?
Arlington Capital is a private equity firm that invests in companies across various sectors, including aerospace, defense, and healthcare.
Where are Arlington Capital and Pegasus Steel based?
Arlington Capital is based in United States.
Who are the decision-makers at Arlington Capital?
Fundz holds 1 contact at Arlington Capital. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Arlington Capital

Location

United States

About

Arlington Capital is a private equity firm that invests in companies across various sectors, including aerospace, defense, and healthcare. They focus on growth opportunities and improving operational efficiency in their portfolio companies. The firm is known for leveraging its experience in advanced manufacturing and technology investments.

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Frequently asked

Who acquired Pegasus Steel?

Pegasus Steel was acquired by Arlington Capital, based in United States. The deal was reported on June 14, 2023. Arlington Capital is a private equity firm that invests in companies across various sectors, including aerospace, defense, and healthcare. Arlington Capital is privately held and operates in Venture Capital.

When did Arlington Capital acquire Pegasus Steel?

Arlington Capital's acquisition of Pegasus Steel was reported on June 14, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Pegasus Steel do?

Pegasus Steel is a leading provider of complex fabricated steel structures used for the construction of submarines, aircraft carriers and other naval and industrial systems. It is privately held, operating in Manufacturing.

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