Trident Maritime Systems, a maritime systems and solutions provider and portfolio company of J.F. Lehman & Company (JFLCO), has announced the divestiture of Trident Maritime Systems UK Limited and its subsidiaries, including
Trident Maritime Systems, a maritime systems and solutions provider and portfolio company of J.F. Lehman & Company (JFLCO), has announced the divestiture of Trident Maritime Systems UK Limited and its subsidiaries, including Aeronautical & General Instruments Limited (AGI).
The companies are being taken on by DC Capital Partners, a private equity firm focused on middle market government and engineering companies.
AGI is a provider of highly engineered electronic systems that support landing, navigation, communications and other mission-critical naval applications. Since its inception in 1915, AGI has built a strong legacy of technical expertise and earned a reputation for excellence in providing naval solutions to the U.S., U.K. and Allied naval fleets around the globe.
Joe Mullen, Chief Executive Officer of Trident, commented, “We are very appreciative of David Hyde and the AGI team for all their efforts to grow AGI under Trident’s ownership, and we are looking forward to seeing the business capitalize on its multitude of exciting opportunities under new ownership. This divestiture will allow Trident to continue to sharpen our focus on delivering for our core U.S. customers as we look to support the U.S. Navy’s robust shipbuilding and sustainment plans.”
AGI CEO, David Hyde, commented, "Together with
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