Arlington raises about $1.7 bln for fifth fund

Arlington Capital Partners, a Washington, DC-area based private equity firm, has closed its oversubscribed fifth fund at a hard cap of about $1.7 billion. Fund V will target high-growth government-related sectors. Its limited partners include public pension funds, corporate pension funds, insurance companies, fund of funds and foundations. Evercore was the placement agent while Kirkland & Ellis LLP served as fund counsel.

PRESS RELEASE

WASHINGTON–(BUSINESS WIRE)–Arlington Capital Partners (“Arlington” or the “Firm”), a Washington, D.C. area based private equity investment firm focused on government-regulated sectors, today announced that it has successfully raised its latest fund, Arlington Capital Partners V, L.P. (“Fund V” or the “Fund”) with total capital commitments of approximately $1.7 billion – hitting the Fund’s hard cap. The fundraise, which was significantly oversubscribed, successfully reached its final closing in three months from its launch. The Fund sourced capital commitments from a hand-selected, globally diverse group of marquis investors, including public pension funds, corporate pension funds, insurance companies, fund of funds, and foundations.

Fund V will continue Arlington’s strategy of targeting high-growth government-related sectors including aerospace and defense, government services and technology, healthcare, and business services and software. Since April 2018, Arlington has successfully realized on seven portfolio companies, invested in five new platforms and closed on seven new strategic add-on acquisitions. Founded over twenty years ago, Arlington has completed over 90 acquisitions since its inception, establishing itself as one of the most prolific investors in its government-related sectors. The Arlington team has cultivated an extensive network in the Washington D.C. area and has a history of creating value in partnership with founders and management teams of middle market companies operating in its target sectors. Arlington’s investment team is further supported by a network of strategic and operating advisors working alongside the Firm.

Evercore served as placement agent for the fundraise and Kirkland & Ellis, LLP served as fund counsel.

About Arlington Capital Partners
Arlington Capital Partners is a Washington, D.C. area based private equity firm that has managed approximately $4.0 billion of committed capital via five investment funds, focused on middle market investment opportunities in government related growth industries including: aerospace and defense, government services and technology, healthcare, and business services and software. The firm’s professionals and network have a combination of operating and private equity experience that enables Arlington to be a value-added investor. Arlington seeks to invest 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