Special Aerospace Services Buying Space Engineering Company Quintron Systems

By Amit Chowdhry • May 10, 2024

Godspeed Capital Management LP, a lower middle-market defense and government services, solutions, and technology-focused private equity firm, announced the acquisition of Quintron Systems by SAS, its recently launched space engineering, defense, and communications technology solutions platform.

This deal marks the second addition to the growing SAS platform following the recent acquisition of Willbrook. It reinforces SAS’ position in the space and defense markets, adding capabilities in communications systems technology for NASA, defense, and commercial space clients. Along with the transaction, Dominick Barry, President of Quintron Systems, will be promoted to Chief Operating Officer of the SAS platform.

Launched in 1970 and based in Santa Maria, California, Quintron provides innovative, secure communications technology solutions tailored for the space and defense markets. Quintron brings longstanding customer relationships well aligned with SAS’ strategic growth objectives, specifically with NASA and select commercial space customers who depend on Quintron’s sophisticated Voice-over-IP (VoIP) communications technology to ensure integrated and uninterrupted communications in support of mission-critical space launch operations.

Godspeed Capital is a lower middle-market defense & government services, solutions, and technology focused private equity firm investing along with forward-thinking management teams that seek an experienced and innovative investment partner with unique sector expertise, operational insight, and flexible capital for growth. Even though ta typical investment will involve companies generating about $3 million to $30 million of EBITDA, Godspeed Capital has significant support to complete larger transactions through strategic co-invest relationships.

Latham & Watkins served as Godspeed Capital’s legal adviser, and the McLean Group served as Quintron’s exclusive financial advisor.

KEY QUOTES:

“We are pleased to welcome Quintron to the SAS family. Quintron’s strong reputation for innovation and customer satisfaction complements our values and enhances SAS’ capabilities in critical secure communications technology, enabling us to offer an even wider range of solutions to our clients in the space and defense markets.”

– Heather Bulk, CEO of SAS

“Becoming part of SAS is a significant milestone for Quintron. This partnership will allow us to leverage SAS’ resources and expertise to accelerate our growth and expand our reach with existing and new customers. We are excited to work with the SAS team to continue providing exceptional products and services to our customers and explore new opportunities together.”

– Dominick Barry, President of Quintron Systems, who will be promoted to Chief Operating Officer of the SAS platform