Sagewind Capital Invests In Sigma Defense Systems
Sagewind Capital has invested in Sigma Defense Systems LLC, a provider of airborne intelligence, surveillance, and reconnaissance (“AISR”) sensor data transport engineering and services.
Headquartered in Perry, Georgia, Sigma Defense serves a wide range of defense end users, including the Department of Defense and the U.S. Intelligence Community. The firm has hired John Wilcox and Matt Jones as Chief Executive Officer and President, respectively. Scott Ritchie and Thor James, Sigma Defense’s founders will remain with the Company as Chief Growth Officer and Chief Operating Officer, respectively, and retain a significant equity ownership.
"We are very excited to partner with the Sigma Defense team, building on our extensive experience investing in and supporting government services businesses," said Steven Lefkowitz, Managing Partner of Sagewind. "Sigma Defense has an excellent track record and reputation delivering high-impact, mission-critical tactical relay data transport services to the US military so that intelligence analysts can continue to work with real-time information and solve various problems.”
Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as Sagewind's legal counsel. DC Advisory served as exclusive financial advisor to Sagewind. Financial terms of the transaction were not disclosed.
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