Arlington Capital Partners, a private equity firm, completed the acquisition of Pegasus Steel, a complex fabricated steel company. Financial terms were not disclosed. “Pegasus has earned a tremendous reputation in the nuclear submarine and aircraft carrier market for delivering high quality fabrications on time and on schedule. With parts weighing in excess of 800,000 pounds and among the largest structures in the industry, Pegasus enables its customers to utilize its own shipyards more efficiently to meet the required increase in output that the national security community demands. We are excited to partner with Tony to build upon Pegasus’ impressive achievements,” Peter Manos, Arlington Managing Partner.