Arlington Capital Partners Acquires Pegasus Steel
June 14, 2023
Arlington Capital Partners, a Washington, D.C.-area private equity firm, has acquired Pegasus Steel LLC, a heavy steel fabricator that supplies large-scale structures for U.S. Navy submarines and aircraft carriers. Pegasus will serve as a new platform for Arlington as management, led by Founder & CEO Tony Deering, remains in place to scale the business to meet naval shipbuilding demand.
- Buyers
- Arlington Capital Partners
- Targets
- Pegasus Steel LLC
- Industry
- Aerospace & Defense
- Location
- South Carolina, United States
- Transaction Type
- Buyout
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