EOD–which stands for explosive ordinance disposal– didn’t disclose who made the investment, according to a Form D filed with the SEC on Sept. 13. EOD officials couldn’t be reached for comment.
Founded in 1987 by two U.S. marine sergeants, EOD is a private military contractor (sort of Blackwater Lite) that provides security services such as the defense of military installations and U.S. embassies and the protection of individuals in war zones. It also provides munitions management and disaster response.
PE firms, including Carlyle Group and KKR, have been strong investors in the aerospace and defense sectors. It’s not clear whether it’s a buyout shop that provided the funds to EOD. The transaction was not made in connection with a merger, acquisition or exchange offer, according to the filing, which was uncovered by the sleuths at FormDs.com.