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DC Capital Partners: Defense Investment History

10 defense buys: 7 by the firm and 3 add-ons by companies it backs. It sold 1 business in that time.

DC Capital Partners and the companies it backs made 2 defense buys in each of 2020, 2022 and 2025, their busiest years

Buys by the firm and add-ons by companies it backs, by year announced.

Bought by the firmAdd-ons by companies it backs
2020 2 + 02
2021 0 + 11
2022 2 + 02
2023 0 + 11
2024 1 + 01
2025 1 + 12
2026 1 + 01

Source: company, investor and government releases and SEC filings.

TGOs tgos.io

Bought by the firm 7

Feb 202602

DC Capital Partners buys Knexus

A provider of applied artificial intelligence capabilities supporting complex, mission-critical government programs

IT and government servicesSource
UndisclosedClosed
Oct 202513

Trident Maritime Systems sells AGI to DC Capital Partners

Buyer: DC Capital Partners · Backed by J.F. Lehman & Company

Highly engineered electronic systems that support landing, navigation, communications and other mission-critical naval applications

C4ISR and electronicsshipbuilding and maritimeSource
UndisclosedClosed
Sep 202416

DC Capital Partners buys C5MI

Digital transformation and modernization, solving complex supply chain and logistics challenges for Federal and State Governments as well as Fortune 200 companies

IT and government servicesMRO and sustainmentSource
UndisclosedClosed
May 202217

DC Capital Partners buys Valkyrie Enterprises

Provider of advanced engineering, modeling and simulation, infrastructure sustainment, warfighter readiness, and training solutions; DC Capital portfolio company Hill Technical Solutions is to be merged with it

C4ISR and electronicsMRO and sustainmenttraining and simulationSource
UndisclosedClosed May 17, 2022
Mar 202209

DC Capital Partners buys uAvionix

Small form factor communications, navigation and surveillance avionics for unmanned and manned aircraft

autonomy and dronesC4ISR and electronicsSource
UndisclosedClosed
Oct 202029

DC Capital Partners buys Hill Technical Solutions

Systems engineering and integration, advanced technology development, systems architecture design and analysis, and hypersonic design and testing solutions for the Missile Defense Agency, Army, Navy and Air Force

munitions and missilesIT and government servicesSource
UndisclosedClosed
Sep 202024

DC Capital Partners buys Digital Force Technologies

Designs, develops and manufactures proprietary force protection and tactical surveillance products and solutions, primarily for the Special Operations community

C4ISR and electronicsEW and sensorsSource
UndisclosedClosed

Add-ons by companies it backs 3

Aug 202529

Valkyrie Enterprises buys Optical Sciences

Backed by DC Capital Partners

Precision electro-optical and infrared (EO/IR) scene projector and test systems supporting missile defense, space sensor development, and advanced aviation applications

EW and sensorsspacemunitions and missilesSource
UndisclosedClosed
Aug 202322

Owl Cyber Defense Solutions buys Big Bad Wolf Security

Backed by DC Capital Partners

A Maryland-based technology company focused on next generation cloud infrastructure security for government and commercial applications

cyberSource
UndisclosedClosed
Jan 202105

Owl Cyber Defense Solutions buys Trident Assured Collaboration Systems product line

Backed by DC Capital Partners

The only U.S. government approved Voice over IP and Video Teleconference Cross Domain Solution, plus Full Motion Video filtering capability

cyberintelligence communitySource
UndisclosedClosed

Sold 1

Jan 202612

Arlington Capital Partners buys Pond & Company

Seller: DC Capital Partners

A full-service design and engineering firm providing regulatory-driven, high-precision services to the federal government and customers across the energy, infrastructure and life sciences industries

IT and government servicesSource
UndisclosedClosed Jan 12, 2026

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