Broadtree Partners Acquires Joint Research and Development (JRAD)

Broadtree Partners Acquires Sayres and Associates

August 2, 2021

Aerospace & Defense

Broadtree Partners, an operator-centric private equity firm, has acquired Sayres and Associates, a Washington, D.C.-based defense contractor providing acquisition, engineering, security and training support services to the U.S. Department of Defense. The deal is financed with senior debt from JPMorgan Chase and subordinated debt from Muzinich & Co.; Broadtree intends to use Sayres as a platform to build a larger government services provider and pursue add-on acquisitions.

Broadtree Partners Acquires Triage Partners

May 10, 2023

Cloud & SaaS

Charlotte-based private equity firm Broadtree Partners has acquired Triage Partners, a Tampa-headquartered technology-enabled provider of cloud-based software and services for the telecommunications and reverse logistics industries. Broadtree named James Han President and said the partnership will support growth and the globalization of Triage’s SaaS and services offerings.

Sayres Defense Acquires Global Systems Technologies (GST)

March 22, 2024

Aerospace & Defense

Sayres Defense, backed by private equity sponsor Broadtree Partners, has acquired Global Systems Technologies (GST). Granite Creek provided debt and equity in support of the transaction alongside JP Morgan Chase and Muzinich BDC; GST joins Broadtree's GovCon platform (alongside Sayres and JRAD) to expand test & evaluation, systems engineering, logistics and R&D capabilities for defense and homeland security customers.

Broadtree Partners Makes Strategic Investment in RedCAT Systems

May 31, 2019

Cloud & SaaS

Broadtree Partners, a Charlotte-based private equity firm, completed a strategic/growth investment in RedCAT Systems, a Boulder-based human resources SaaS provider, on May 31, 2019. The capital is intended to help RedCAT scale its team and sales organization and to support development and rollout of new value-added modules for its HR platform.

Broadtree Partners, Tecum Capital and Everside Invest in Undisclosed Government Contractor

August 24, 2020

Government & Public Sector

Broadtree Partners, with subordinated debt and equity financing from Tecum Capital Partners and Everside Capital Partners, completed an acquisition of an undisclosed government contracting company. The sellers and existing management will remain invested and the investor group will partner with management to accelerate growth and expand capabilities.

Brightworks IT Acquires RAD Computing

July 31, 2023

IT Services

Cloud Equity Group’s portfolio company Brightworks IT has completed an investment in RAD Computing, a Vernon, Connecticut-based managed service provider focused on aerospace manufacturing clients. Terms were not disclosed; the deal is intended to expand Brightworks IT’s national MSP footprint and accelerate growth in the aerospace/manufacturing market while enhancing cybersecurity capabilities for defense/military suppliers.