Revolutionizing Steel Fabrication: Arlington Capital's Acquisition of Pegasus Steel Sets a New Industry Standard

In a major industry move, Arlington Capital Partners (ACP) has recently acquired Pegasus Steel LLC (Pegasus), a leading provider of complex fabricated steel structures. DLA Piper, a global law firm, provided legal counsel to ACP in this acquisition. Pegasus specializes in cutting, forming, machining, and welding large-scale, intricate fabrications that are critical for the construction of submarines, aircraft carriers, and other naval and industrial systems.

This strategic acquisition positions Pegasus as a key player in the nuclear Navy supply chain, with the goal of becoming the premier "tier one" partner. By combining ACP's extensive resources, investment, and human capital with Pegasus' industry-leading manufacturing processes, the company will be able to scale its operations and meet the increasing demands of the industry.

Jeffrey Houle, co-chair of DLA Piper's Aerospace, Defense, and Government Services Transactional Practice, led the deal team and expressed his satisfaction with the acquisition. He highlighted the significance of ACP's backing for Pegasus, stating, "We were pleased to advise ACP in its acquisition of Pegasus, which will combine ACP's robust resources, investment, and human capital with Pegasus' industry-leading manufacturing processes to scale its organization and meet industry demands."

DLA Piper's team, consisting of legal professionals from various offices, provided comprehensive support to ACP throughout the acquisition process. The team included Thomas Pilkerton III and Jordan Bailowitz from Baltimore, Nate McKitterick from Palo Alto, and Nicholas Klein from Washington, DC. Nia Brown and David Allman, both of counsel, and senior attorney Cara Hupprich, all from various offices, also contributed their expertise to ensure a successful acquisition.

Arlington Capital Partners, based in Washington, DC, is a private equity firm that specializes in middle market investment opportunities in growth industries such as aerospace and defense, government services and technology, healthcare, and business services and software. With approximately $7 billion in capital commitments, Arlington Capital has a proven track record of partnering with high-quality management teams to advance their companies' positions as leading competitors in their fields. The firm's combination of operating and private equity experience allows it to be a value-added investor, bringing unique insights and expertise to its portfolio companies.

Pegasus Steel, headquartered in South Carolina, has established itself as a leading provider of complex fabricated steel structures. The company's focus on cutting, forming, machining, and welding large-scale, intricate fabrications has earned them a reputation for excellence. With the institutional backing of ACP, Pegasus will be well-equipped to expand its operations and solidify its position in the industry.

DLA Piper, a global law firm with a presence in more than 40 countries, provided legal counsel to ACP in this acquisition. With lawyers located around the world, DLA Piper is able to assist clients with their legal needs on a global scale. The firm's expertise and international reach make it a trusted partner in complex transactions and legal matters.

For more information about Arlington Capital Partners, please visit [www.arlingtoncap.com](https://www.arlingtoncap.com).

For more information about Pegasus Steel, please visit their website.

To learn more about DLA Piper and its global legal services, visit [dlapiper.com](https://www.dlapiper.com/en/us/).

In conclusion, Arlington Capital's acquisition of Pegasus Steel marks a significant milestone in the steel fabrication industry. With the support of ACP, Pegasus is poised to become a leader in the nuclear Navy supply chain. This acquisition highlights the importance of strategic partnerships in scaling and meeting industry demands.