Arlington Capital Partners acquires Fredericksburg company
Arlington Capital Partners, a Chevy Chase, Md.-based private equity firm, has acquired EOIR Technologies Inc. in Fredericksburg.
Terms of the transaction were not disclosed.
EOIR provides technology solutions to the Department of Defense and intelligence community in cloud computing, big-data analytics, advanced visualization, spectrum-related information dominance, smart sensing, training and simulation, and rapid prototyping.
The Fredericksburg company has about 400 employees in 11 U.S. offices as well as client sites domestically and overseas.
Arlington Capital has managed $1.5 billion of committed capital in three investment funds. The private equity firm focuses on middle-market investment opportunities in growth industries such as government services, aerospace/ defense, health-care services, business services and software.
The firm has been active in the government sector, having completed more than 20 transactions during the past five years. Its current investments include Endeavor Robotics (previously iRobot Defense & Security), MicroPact and Quantum Spatial.