Arlington Capital Partners acquires McLean program management company
MCR LLC has defense, intelligence and civilian governmental agency clients
Maryland-based private equity firm Arlington Capital Partners has signed a definitive agreement to acquire McLean-based program management company MCR LLC, it announced Tuesday.
Financial details of the transaction were not disclosed. MCR’s senior management team has invested alongside Arlington Capital, according to a news release.
“MCR has established itself as a preeminent provider of differentiated systems engineering and integration solutions that address critical national security objectives in the space, cyber and missile defense domains. … We see enormous demand in the market for MCR’s services, and we believe that with our investment in the business, MCR is very well positioned for the significant growth in front of it,” David Wodlinger, a partner at Arlington Capital, said in a statement.
Founded in 1977, MCR provides cost analysis and engineering and software development services to defense, intelligence and civilian governmental agencies, including the CIA, NASA and NATO.
“Throughout MCR’s over 40-year history, our global employee base has strived to become trusted advisers and technical partners to support our customers’ success across the spectrum of critical mission challenges,” MCR President and CEO Bill Parker said in a statement. “We have found a partner in Arlington, a firm that we have known for many years, that understands what makes MCR special and will remain committed to this mission.”
Arlington Capital is headquartered in Chevy Chase, Maryland, and focuses on middle market investment opportunities in industries like government services and technology, aerospace and defense, health care, and business services and software. The firm has managed approximately $4 billion of committed capital via five investment funds, according to a news release.