Washington, DC-based private equity firm Arlington Capital Partners has recapitalized privately held Iron Data Solutions. Atlanta-based Iron Data develops software designed to assess, improve, manage and monitor challenging operational process issues for federal, state and local government clients, as well as private sector customers. No terms of the deal were released. Arlington Capital has roughly $1.4 billion of committed capital, and focuses on middle-market investment.
Arlington Capital Partners (Arlington), a Washington, DC-based private equity firm, today announced the recapitalization, in partnership with the company’s existing management team, of privately held Iron Data Solutions, LLC (Iron Data) in order to facilitate further growth. This transaction represents Arlington’s third government software deal in the last 12 months.
Headquartered in Atlanta, Iron Data offers a comprehensive suite of solutions, called Intelligent Process Management (“IPM”), that assess, improve, manage and monitor challenging operational process issues for federal, state and local government clients and transportation/logistics customers in the private sector. Iron Data has more than 400 employees across 11 offices around the U.S. and the world, including Amsterdam, Toronto and Shenzhen, China. Terms of the investment were not disclosed.
“Iron Data is the leader in transforming how government agencies and transportation groups manage information flow,” said Perry Steiner, Partner of Arlington Capital. “The company’s technological expertise, experienced management team and established relationships in both the public sector and private sector make Iron Data an excellent investment choice for Arlington Capital.”
Michael Lustbader, Partner of Arlington Capital, said, “We are excited to partner with Iron Data’s management team to build a diversified software and technology solutions provider through organic and acquisition growth. The Company’s solutions simplify interactions between the government and its constituents, and increase productivity through process automation and business intelligence for transportation/logistics customers. Federal, state and local governments need creative solutions to reduce waste, fraud and abuse, and Iron Data’s IPM is a proven platform for increasing efficiency and transparency.”
Jeff Smock, Iron Data’s founder, said: “When we started Iron Data 12 years ago, we believed that we could create more efficient ways for governments and businesses to process information. I am very pleased that our continued success has attracted Arlington Capital, a firm whose principals I’ve known for a decade.”
About Arlington Capital Partners
Arlington Capital Partners is a Washington, DC-based private equity fund with approximately $1.4 billion of committed capital focused on middle market investment opportunities in growth industries including: government contracting, aerospace/defense, federal and commercial IT and engineering services, education & training, healthcare services and business services & outsourcing. The firm’s professionals have a unique combination of operating and private equity experience that enables Arlington to be a value-added investor. Arlington invests in companies in partnership with high quality management teams that are motivated to establish and/or advance their company’s position as leading competitors in their field. www.arlingtoncap.com
About Iron Data
Iron Data is headquartered in Atlanta, Georgia and is comprised of over 400 employees across 11 offices including St. Louis, Amsterdam, Toronto and Memphis. Overall, Iron Data offers a comprehensive suite of solutions, called Intelligent Process ManagementSM, that assess, improve, manage and monitor challenging operational process issues for clients in two key verticals: public sector and transportation/logistics. www.irondata.com