QuantiTech acquires Md.’s Systems Engineering Group

QuantiTech LLC, a portfolio company of Sagewind Capital LLC, announced today that it has acquired Columbia-based Systems Engineering Group Inc. (SEG) from Griffon Corporation.

Financial terms of the transaction were not announced.

SEG is a leading provider of threat engineering and modeling and simulation services to the U.S. Government, primarily supporting the Naval Surface Warfare Center, Missile Defense Agency and Office of Naval Intelligence. SEG provides advanced, physics-based threat modeling, engineering, and analytics services in support of U.S. Government requirements for weapons and missile systems development, simulation, testing, and analysis. The management team and employees of SEG will continue with the business as a part of QuantiTech.

Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal adviser to QuantiTech. Chertoff Capital LLC served as exclusive financial adviser and Dechert LLP served as legal advisor to Griffon Corporation.

Founded in 1991, SEG provides sophisticated, highly technical engineering and analytic support to customers. As a leading provider of combat, radar and missile systems engineering and analysis, SEG is a key source of systems engineering expertise for the U.S. Government, specifically within missile defense, hypersonics and intelligence analysis.

QuantiTech is a leading provider of technical engineering services to the Army, Air Force, NASA and various other key defense agencies responsible for maintaining technological superiority. Its capabilities are focused on high-end engineering, software services, modeling & simulation, cybersecurity, test & evaluation and program management for key defense end-markets such as hypersonics, counter unmanned aircraft systems and human spaceflight.

Sagewind Capital is a New York-based middle-market private equity firm that partners with exceptional management teams and focuses on significant capital appreciation by helping businesses grow organically and through strategic acquisitions. Sagewind invests across several industries, including government services, aerospace & defense, software, information technology, healthcare, and business services. The firm is focused on long-term capital appreciation and has the flexibility to own businesses for extended periods.