Home / M&A Activity / Arlington Capital Acquires Black Box’s Government Arm to Form New Comms Tech Firm

Arlington Capital Acquires Black Box’s Government Arm to Form New Comms Tech Firm

Arlington Capital Partners has launched a new company, Tyto Athene, after the Washington-based investment firm completed its $75M cash purchase of Black Box’s (Nasdaq: BBOX) government solutions business.

Tyto Athene will provide systems integration support and managed services for communications platforms of the Defense Department and civilian agencies, Arlington Capital said Monday.

Jeff Murray, senior vice president of Black Box’s former government solutions business, will serve as CEO of Tyto Athene, while Chris Meilhammer and Jason Alexander will respectively serve as chief operating officer and VP of operations.

Former Black Box CEOs Mike McAndrew and Terry Blakemore will serve as board members of the newly created firm.

Michael Lustbader, a managing partner at Arlington, said Tyto Athene will leverage the Acuity Micro Data Center and other technologies of the newly acquired business to meet customers’ needs and support U.S. government clients’ information technology modernization efforts.

Raymond James & Associates and Jones Day served as Black Box’s financial and legal advisers in the transaction.

Check Also

Sustainable System Solutions to Modernize DoD Test Range Infrastructure Under Potential $897M Contract

Sustainable System Solutions has won a potential 10-year, $896.7M contract from the U.S. Army to modernize testing infrastructure at range facilities operated by the Department of Defense. The Herndon, Va.-based company will design, develop, integrate, test and field systems under the Modernizing Instrumentation Solutions for Test and Evaluation program, the Army said Monday in an award notice.

Peraton Lands $278M Recompete Award to Support CBP Airborne Radars; John Coleman Quoted

Peraton has secured a potential five-year, $277.5M contract to help the U.S. Customs Border and Protection manage a suite of airborne radar systems that support the agency's air, maritime and ground surveillance missions.