Madison Dearborn mates( “ MDP ”), a leading private equity investment establishment grounded in Chicago, moment blazoned that finances combined with MDP have acquired T2S results( “ T2S ” or “ the Company ”), a author- possessed provider of R&D, prototyping, engineering, integration, and technology products to charge critical programs for theU.S. Department of Defense( “ DoD ”), Intelligence Community( “ IC ”), and otherU.S. Government Agencies. The T2S authors will retain a significant nonage power position and will continue to lead theCompany.Tim Gay,Co-Founder & Chief Executive Officer of T2S, said “ We at T2S take great pride in our unique position moment, which has been erected over further than a decade of strong prosecution and product invention, as a go- to high contractor on complex,multi-year technology programs for public security guests, developing and contending technologies to enable top strategic modernization precedences. We ’re agitated to mate with MDP as we continue on our charge to deliver decreasingly innovative technologies and results while maintaining our rapid-fire growth. The MDP platoon’s track record of success in the government technology sector, commitment to fostering R&D and invention, and deep network of assiduity experts and counsels will strengthen our capability to meet the requirements of our guests and continue to support moment and hereafter’s warfighter. ”
innovated in 2010, T2S is a discerned provider of innovative and charge-focused products and results across a range of precedence charge areas including Space, Assured Positioning, Navigation and Timing, Artificial Intelligence/ Machine Learning( “ AI/ ML ”), Cybersecurity, Electronic Warfare( “ EW ”), Intelligence, Surveillance, and Surveillance( “ ISR ”), Command and Control( “ C2 ”), and High- Altitude Platforms. T2S ’ success is driven by its discerned capability to design, mastermind, develop, field and integrate personal, marketable and government technologies to produce coming- generation military capabilities that meet the critical requirements of its guests, which include a growing number of DoD and IC R&D and Program services.
“ MDP has a long- standing history of partnering with the DoD, Special Operations, and IC to increase charge effectiveness and enhance public security through the use of innovative technology results, and we look forward to partnering with T2S in their coming chapter of growth, ” said Matt Norton, Head of MDP’s Technology & Government results platoon. “ The T2S platoon has erected the company on strong and trusted connections with crucial military program leaders, top- league specialized capabilities, and fantastic prosecution. We look forward to using our moxie and network to identify openings that will maintain those core doctrines, while extending the capabilities T2S offers its guests in support of their charge to guard our country. ”
MDP is a leading private equity establishment that invests across targeted diligence, including technology & government results. With deep experience in the government technology sector, MDP mates with talented, frequently author- led, operation brigades to help identify organic and inorganic openings to gauge and strengthen product immolations and results. MDP’s government technology sector experience – including its investment hookups with LGS inventions, the former Federal division of Bell Labs concentrated on C4ISR and cybersecurity for the IC, LinQuest Corporation, a leader in military space technology results, AEVEX Aerospace, a leader in special charge airborne technology systems and results, SpiderOak, a cybersecurity provider for space- grounded means, and Unison, a leading provider of government procurement, force chain, and contract operation software – will enable MDP to support T2S ’ next phase of charge- concentrated growth.
“ Our T2S platoon has concentrated on exceeding our guests ’ prospects and conditions for over a decade. Executing against that thing has allowed us to grow into a critical charge mate for our guests. moment, we’re strategically deposited at the center of high- precedence defense technology areas that will see significant growth for times to come, ” said Tim Jahnigen,Co-Founder & Chief Growth Officer of T2S. “ With MDP’s coffers and moxie, we will be suitable to accelerate our being R&D and prototyping core, prisoner lead product places, and further increase our investments in personal technology products from our R&D channel. ”
“ We could n’t be more agitated to mate with the T2S platoon. T2S is a special company with an innovative- and charge- driven culture, unique client connections, moxie in high- demand disciplines, and state- of- the- art, strategically- deposited installations, ” added Brandon Levitan, a Director on MDP’s Technology & Government results platoon. “ The Company is well- deposited to grow as the DoD and IC continue to execute on their modernization precedences, and we look forward to supporting those growth sweats as T2S continues to expand. ”
BofA Securities served as fiscal counsel to T2S and Holland & Knight LLP handed legal counsel. Raymond James served as fiscal counsel to MDP and Kirkland & Ellis and Crowell & Moring handed legal counsel.
