Montana-based uAvionix, most known in the general aviation industry as purveyors of low-cost ADS-B Out products and unmanned aircraft safety technology, announced its acquisition by DC Capital Partners (DCCP) in a press release on March 9.
uAvionix has been providing safety solution technology for both manned and unmanned sectors of aviation and hopes to broaden its reach into the aerospace and defense industries as DCCP’s newest portfolio company. The press release introduces DCCP as a private equity investment firm that has amassed over 60 acquisitions and $1 billion in total investments throughout its 30 years in the business.
uAvionix will continue to serve its current customer base and products throughout this next chapter with DCCP, including aircraft displays, ADS-B products, and safety solutions for certified and certifiable unmanned aircraft—most recently the company’s ground-based ADS-B receiver, pingStation 3.
Thomas J. Campbell, founder and president of DCCP, said, “We are extremely pleased to partner with Paul and the team. uAvionix has a history of developing and delivering disruptive technology to the manned and unmanned sectors. Their highly skilled and talented workforce continues to develop new and game-changing solutions to meet evolving requirements. We will continue to grow the company and to deliver innovative technologies and differentiated capabilities and solutions to our customers.”