HUNTSVILLE, Ala., October 29, 2020 / PRNewswire / – Hill Technical Solutions, Inc (“HTSI” or the “Company”) announced today that it has formed a strategic partnership with DC Capital Partners (“DC Capital”), a private equity investment company headquartered in Alexandria, Virginia, to enhance HTSI’s ability to expand its capabilities and develop its customer base.
HTSI is a leading provider of full spectrum highly technical systems engineering and integration, advanced technology development, system architecture design and analysis, and hypersonic design and test solutions for the Missile Defense Agency, the army, the navy and the air force. The Company is at the forefront of efforts to establish hypersonic technological superiority for United States as it develops next-generation defense systems. HTSI’s highly trained subject matter experts work closely with clients to understand specific issues and needs, then develop the solutions that enable their clients to achieve significant technological advancements in the defense of the nation.
Thomas J. Campbell, Founder and Managing Partner of DC Capital, said, “HTSI is an exceptional company with an extremely talented management team and a team of highly skilled and experienced subject matter experts. We look forward to our partnership with Stacey and Brad Hill and their team as we all work to support our customers in the development of the next generation of defense systems. Our goal is to continue to grow the company and expand existing capabilities to provide even more advanced solutions to our customers. “
Stacey Hill, CEO of HTSI and Brad hill, President of HTSI, commented, “It is an exciting time for HTSI as we join the DC Capital family of companies. Our company and our employees have always been focused on the missions of our clients and our partnership with DC Capital will allow us to continue to grow and provide exceptional service to our growing list of clients through US government agencies. This partnership will also provide our employees with more opportunities for personal and professional development as we continue to grow our business and our capabilities. “
Jeffrey C. Weber, DC Capital Partner, said, “DC Capital looks forward to partnering with Stacey and Brad and the HTSI leadership team to execute the strategic plan we have developed and continue the growth of HTSI that this management has started. HTSI plays a vital role in the defense of our country and our goal is to continue to attract world-class employees who can expand the role HTSI plays in providing solutions to its existing customers and helping the company to grow with ‘other US government customers. “
Duff & Phelps, LLC acted as financial advisor, and Holland & Knight, LLP acted as legal counsel to HTSI in connection with the transaction. Latham & Watkins, LLP acted as legal counsel to DC Capital.
About Hill Technical Solutions
Founded in 2010, HTSI provides essential support to major government programs for the Missile Defense Agency (MDA), US Army Space and Missile Defense Command (SMDC), US Army Rapid Capabilities and Critical Technologies Office (RCCTO), US Army CCDC Aviation and Missile. Center (AvMC), US Army COE (Department of Defense Supercomputing Resource Centers) and United States Air Force in areas such as systems assessment, hypersonics, cybersecurity, information technology, modeling and simulation, and testing. The company’s expertise includes innovative, dynamic and forward-thinking technical support to the US military’s mission dating back to the mid-1980s, through rapid technical analysis and requirements verification. HTSI provides physics-based technical solutions covering the full spectrum of systems engineering. From the initial concept definition and development of system requirements; through preliminary design, detailed design and product development; From verification through analyzes, demonstrations and rigorous testing, HTSI strives to optimize the capabilities of the system. Learn more about www.htsi-al.com.
About DC Capital Partners
DC Capital Partners is a private equity investment company headquartered in Alexandria, Virginia, focused on making controlling investments in mid-market, US-based, government departments, and engineering and consulting services. Learn more about www.dccp.com.
Contact: Tom campbell, 202-796-1987
SOURCE DC Capital Partners Management, LP