Private equity firm Arlington Capital Partners has signed a definitive agreement to acquire Virginia-based MCR LLC.
MCR provides cost analysis and engineering and software development expertise to customers in defense, intelligence and critical civilian agencies, as well as to international customers.
“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,” said David Wodlinger, partner at Arlington Capital Partners.
“We are partnering with MCR to increase investment in these core areas, as well as to pursue strategic acquisitions to enhance and broaden the differentiated capabilities that MCR can bring to bear for its customers and to provide additional career opportunities for the Company’s employees,” Wodlinger added. The firm sees demand in the market for MCR’s services, and believes its investment in the business will position MCR for significant growth.
According to MCR CEO Bill Parker, throughout the company’s more than 40-year history, it has strived to be a trusted adviser and technical partner to support customer success across critical mission challenges, which has resulted in MCR’s growth and ability to help meet future challenges.
“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 as the Company enters its next phase of growth,” Parker said.
MCR’s senior management team has invested alongside Arlington in the transaction. Sheppard Mullin served as legal adviser to Arlington, and Houlihan Lokey and Holland & Knight served as financial and legal advisers to MCR, respectively.