Author: Jane Edwards|| Date Published: May 8, 2024
Special Aerospace Services, a portfolio company of private equity firm Godspeed Capital Management, has acquired Quintron Systems for an undisclosed sum to expand its communications technology capabilities for NASA, the Department of Defense and commercial space customers and broaden its footprint in the defense and space markets.
Godspeed said Tuesday Dominick Barry, president of Quintron Systems, will join SAS as chief operating officer as a result of the transaction.
Established in 1970, Quintron is a Santa Maria, California-based provider of voice-over-internet protocol communications systems and other secure communications technologies for NASA and other customers in space and defense markets.
The deal marks the second acquisition of the new SAS platform, which launched in April to advance the delivery of space engineering, defense and communications technologies to U.S. defense and intelligence communities. The new platform operates under the SAS brand.
In late April, SAS acquired defense analytics systems provider Willbrook Solutions.
“Quintron’s strong reputation for innovation and customer satisfaction complements our values and enhances SAS’ capabilities in critical secure communications technology, enabling us to offer an even wider range of solutions to our clients in the space and defense markets,” said Heather Bulk, CEO of SAS.
Latham & Watkins acted as Godspeed Capital’s legal counsel in the transaction. The McLean Group served as Quintron’s exclusive financial adviser.
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