DLA Piper Advises Arlington Capital Partners in the Formation of Defense Manufacturing Company “Keel”
DLA Piper advised Arlington Capital Partners (Arlington), a Washington, DC-area private investment firm specializing in government regulated industries, in the formation of Keel Holdings, (Keel), a leading manufacturer of complex structures for the highest priority programs within the Navy, Army, and Air Force.
- DLA Piper advised Arlington Capital Partners (Arlington), a Washington, DC-area private investment firm specializing in government regulated industries, in the formation of Keel Holdings, (Keel), a leading manufacturer of complex structures for the highest priority programs within the Navy, Army, and Air Force.
- The company was formed through the merger of existing Arlington portfolio company Pegasus Steel with the newly completed acquisitions of Metal Trades and Merrill Technologies Group.
- With more than one million square feet of manufacturing floor space and approximately 700 employees, Keel will offer its customers a vertically integrated suite of design, engineering, fabrication, machining, integration, assembly, finishing, and surface treatment capabilities across its nine facilities in Michigan and South Carolina.
- The Company’s locations include a facility strategically located with direct frontage to deep water that allows for large module delivery by barge to submarine and aircraft carrier customers.