Announced
Completed
Synopsis
Sagewind Capital, a private equity firm, completed the acquisition of a minority stake in Sabel Systems Technology Solutions, a provider of digital R&D, acquisition and sustainment solutions to the US Department of Defense and other government agencies. Financial terms were not disclosed. “Sabel is excited to partner with Sagewind in charting the next chapter of our growth in the digital engineering and cyber solutions marketplace. Sagewind has a strong track record of backing management teams to help them grow their businesses through internal investment and acquisitions, which is exactly what we need to best support our customers’ growing requirements. We are excited about the opportunity to expand our offerings, accelerate our growth, and provide greater opportunities for our employees," Chris Sharbaugh and Doug Kinyon, Sabel Systems Managing Principals.
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