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Transactions

Track Record Of More Than 700 Transactions

ADG’s founding team has led over 700 diligence engagements for more than 200 private equity sponsors and strategic acquirers across the global Aerospace, Defense, and Government Services sectors.

Rite-Solutions
Government Services
Rite-Solutions
December 2025

Rite-Solutions, Inc. is an award-winning small business specializing in system engineering, software development, information technology (IT), and cyber security for the U.S. Government. In particular, Rite-Solutions provides unique expertise in undersea warfare and naval systems to the U.S. Navy.

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Arcfield (a portfolio company of Vweritas Capital) has acquired Rite Solutions. Buyer advised by ADG Partners
JMC Aviation
Commercial Aerospace
JMC Aviation
December 2025

JMC Aviation delivers engineering, recruitment and training services across the global aviation and aerospace industry. The company delivers fixed-price projects, technical support, and training across commercial aviation, aerospace, business & general aviation and rotary markets worldwide.

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Launch (a portfolio company of Capitol Meridian Partners) has acquired JMC Aviation. Buyer advised by ADG Partners
Beaufort
Defense
Beaufort
December 2025

RFD Beaufort designs and manufactures survival equipment for air, land, and sea forces including flight jackets, anti-G trousers, life rafts, submarine-escape equipment, and immersion suits. Beaufort primarily provides fast jet aircrew protection, delivering unparalleled solutions for pilots across global air and naval forces, including the F-35.

Its customers include U.S. military, UK MoD, and allied militaries.

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Capitol Meridian Partners & Stellex Capital Management have acquired Beaufort. Buyers advised by ADG Partners
MetroStar
Government Services
MetroStar
December 2025

MetroStar Systems, Inc. is a provider of technical solutions to the public sector, including the defense and intelligence community. The company’s capabilities include:

  • Artificial Intelligence
  • Digital Experience
  • Application Modernization
  • Enterprise IT

Metrostar’s primary federal clients include the U.S. Marine Corps, the Department of State, the Department of Homeland Security, Defense Information Systems Agency (DISA), and the U.S. Army.

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Veritas Capital has acquired MetroStar. Buyer advised by ADG Partners
Quantum Leap Research
Government Services
Quantum Leap Research
September 2025

Quantum Leap leverages cutting-edge intelligence, strategic foresight, and advanced technologies to deliver decisive insights and actionable solutions to its customers.

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The Carlyle Group has made a strategic investment in Quantum Leap. Investor advised by ADG Partners
Forgital
Commercial Aerospace
Forgital
June 2025

Based in Vicenza, Italy, Forgital Group is a leading, vertically integrated manufacturer of mission critical forged & ring rolled large components for aerospace, defense and industrial markets. The company’s forging capabilities include a broad range of materials such as titanium, nickel, cobalt, steel and aluminum, and their respective alloys.

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Stonepeak has acquired ForgitalGroup (a portfolio company of the Carlyle Group). Seller advised by ADG Partners
Independent Forgings and Alloys
Commercial Aerospace
Independent Forgings and Alloys
February 2025

Independent Forging and Alloys is an integrated manufacturer of forged and machined products, providing an array of open die and complex closed die forgings to the aerospace, defense, oil & gas, power generation, off highway and industrial processing industries.

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Trive Capital has made a strategic investment in IFA. Investor advised by ADG Partners
Karman Space & Defense
Defense
Karman Space & Defense
February 2025

Karman Space & Defense specializes in the design, testing, and manufacturing of mission-critical systems for existing and emerging missile and defense, and space programs. The company’s integrated payload protection, propulsion, and interstage system solutions are deployed across a wide variety of existing and emerging programs supporting important DoD and space sector initiatives.

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Karman Space & Defense $500 million initial public offering. Company was advised by ADG Partners
LAUNCH
Commercial Aerospace
LAUNCH
February 2025

LAUNCH is a provider of contract technical workforce solutions and services to the aviation industry. The company provides aircraft maintenance technicians, mechanics, engineers and other skill workers to leading airlines, MROs, OEMs and service centers.

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Capitol Meridian Partners has made a strategic investment in Launch. Investor advised by ADG Partners
Parry Labs
Defense
Parry Labs
August 2024

Parry Labs is a provider of agile and innovative hardware, software, and systems solutions across air, land, sea, and cyber domains to defense and commercial customers. Through integration of open software architecture and cutting-edge hardware, Parry provides scalable solutions that empower organizations to deploy mission-critical capabilities in real-time.

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Capitol Meridian Partners has made a strategic investment in Parry Labs. Investor advised by ADG Partners. Aug 2024
Chameleon Consulting Group
Government Services
Chameleon Consulting Group
June 2024

Chameleon Consulting Group stands at the intersection of Cyberspace Operations and Information Operations. Chameleon combines expertise with modern technology and digital tradecraft to fully solve the most challenging problems facing the U.S. National Security Community.

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Clarity (a portfolio company of Capitol Meridian Partners) has merged with Chameleon Consulting Group. Buyer advised by ADG Partners
CyberRadio Solutions
Defense
CyberRadio Solutions
April 2024

CyberRadio designs and manufactures products for EW, SIGINT, ELINT, COMINT and Commercial Wireless applications. The company’s mission is to deliver valuable hardware solutions that combine high-end RF performance, embedded signal processing and standard network data interfaces for worldwide connectivity.

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Epiq (a portfolio company of Veritas Capital) has acquired CyberRadio Solutions. Buyer advised by ADG Partners
JJR Solutions
Defense
JJR Solutions
March 2024

JJR is a provider of low-code, cloud-based applications with human-centered design and agile principles for private sector and U.S. federal government defense and healthcare markets. The company’s primary federal clients include the Department of Veterans Affairs and the Department of the Air Force.

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LMI has acquired JJR Solutions. Buyer advised by ADG Solutions
Clarity Innovations
Government Services
Clarity Innovations
December 2023

Clarity is a provider of advanced data and cyber analytics services and software to private sector and U.S. federal government aerospace, defense, and national security markets. Clarity’s primary customers include the U.S. Air Force, U.S. Special Operations Command (USSOC), and the U.S. Army.

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Capitol Meridian Partners has invested in Clarity. Buyer advised by ADG Partners
Precision Aviation Group, Inc.
Defense
Precision Aviation Group, Inc.
November 2023

PAG is a leading provider of products and value-added services to the aerospace and defense industries worldwide. PAG’s combined parts distribution, Maintenance, Repair & Overhaul (MRO) services, and supply chain logistics provide customers with a single-source solution for fixed- and rotor-wing support.

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A continuation fund of GenNx360 Capital Partners has invested in Precision Aviation Group (PAG). Buyer advised by ADG Partners
Definitive Logic
Government Services
Definitive Logic
September 2023

Definitive Logic is a provider of mission support and transformational information technology solutions to private sector and U.S. federal government defense, intelligence, and technology markets. The company’s core services include application modernization, cloud, cybersecurity, data operations, data science, data strategy & modernization, technology strategy & implementation, shared services, financial management, asset management, logistics, and emergency management.

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ManTech (a portfolio company of The Carlyle Group) has acquired Definitive Logic. Buyer advised by ADG Partners
Strategic Technology Consulting
Government Services
Strategic Technology Consulting
August 2023

STC provides full-spectrum model-based systems engineering (MBSE) and digital engineering services and solutions. The company’s primary federal clients include the Department of the Air Force and the Department of the Navy.

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Arcfield (a portfolio company of Veritas Capital) has acquired Strategic Technology Consulting (STC). Buyer advised by ADG Parners
ITP Aero
Commercial Aerospace
ITP Aero
August 2023

ITP Aero is a world leader in the design, development, and manufacturing and maintenance of aeronautical propulsion systems and components for commercial and defense aviation.

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Indra has made a strategic investment in ITP Aero. Buyer advised by ADG Partners