Arlington Capital Partners Forms Keel, a Supplier to the Defense Industry
February 15, 2024Comments
Private-investment firm Arlington Capital Partners, Washington, D.C., announced the formation of Keel Holdings, LLC, a manufacturer of complex structures for the highest-priority programs within the Navy, Army and Air Force. It formed the company through the merger of Pegasus Steel (an existing Arlington portfolio company) with its newly completed acquisitions of Metal Trades, LLC and Merrill Technologies Group.
Merrill Technologies Group manufactures large metal parts and structures, providing design, engineering, machining, fabrication and integration solutions for the defense, aerospace and industrial markets. Metal Trades is a provider of large-scale metal-fabrication and ship-repair services to the Navy, Army and commercial customers. And Pegasus provides complex fabricated-steel structures used in submarines, aircraft carriers, and other naval and industrial equipment.
With more than 1 million sq. ft. of manufacturing floor space and approximately 700 employees, Keel will offer its customers a vertically integrated suite of design, engineering, fabrication, machining, integration, assembly, finishing and surface-treatment capabilities across its nine facilities in Michigan and South Carolina.
Says Keel CEO Brian Carter, “Keel will play a pivotal role in delivering significant capability growth to the U.S. defense industrial base. Our efficient and effective approach positions us to increase the speed of delivery and production for the country’s highest-priority defense programs.”
Technologies: Management
