TechnoMile and SIMS Software Combine to Accelerate Innovation across GovCon, Defense, and Public Sector Organizations, Backed by Capitol Meridian Partners

The combined organization will deliver an integrated AI platform for Growth, Contracts, and Security Operations

TYSONS, Va. and CARLSBAD, Calif. and WASHINGTON, Jan. 6, 2026 (PRNewswire) — TechnoMile, a provider of transformative, AI-enabled cloud solutions that empower companies to find, pursue, win, and retain more business with the government, has combined with SIMS Software, an industrial security software provider that supports organizational compliance with complex regulatory and audit requirements, in a transaction led by Capitol Meridian Partners, a Washington, D.C.-based firm that invests in companies at the nexus of government and commercial markets. The combined company will deliver a comprehensive, integrated set of solutions from pre-award through post-award workflows for the GovCon, Aerospace and Defense, and Defense Tech sectors, as well as government agencies and research institutions.

“This is a pivotal moment for TechnoMile and SIMS,” said Ashish Khot, CEO of TechnoMile. “By pairing TechnoMile’s AI platform with SIMS’ proven industrial security information management solutions – and partnering with Capitol Meridian – we’re accelerating AI innovation, expanding our capabilities and reach, and raising the bar for how we serve our customers. We are two world-class solution providers united by one vision: delivering transformative value to the defense and public sector ecosystem.”

Michael Struttmann, CEO & President of SIMS Software, commented: “SIMS has been a trusted leader in industrial security information management for over 40 years. Joining forces with TechnoMile allows us to deliver even greater value to our customers by combining our deep security expertise with TechnoMile’s advanced AI-driven capabilities. Together, we’re creating an end-to-end platform that addresses critical needs across business development, contract management, and security operations.”

The combined organization will leverage Capitol Meridian’s backing and long history investing in companies serving the government to scale faster, invest in innovation, and integrate offerings, positioning the TechnoMile platform as the foundation for a unified suite of solutions and future growth opportunities.

“We are thrilled to support the combination of TechnoMile and SIMS, whom we have admired for many years,” said Michael Puopolo, Managing Director at Capitol Meridian. “Thanks to the complementary strengths of the two companies, the combined organization is positioned to deliver transformative solutions that help customers accelerate growth, navigate complexity, reduce risk, and achieve mission success.”

Capitol Meridian Operating Partner Brian Hobbs added: “As a long-term TechnoMile customer, I know firsthand the value that their purpose-built platform delivers by bringing greater process rigor and better decisions to the contracting lifecycle. Combining with SIMS will amplify that impact by creating a unified platform that seamlessly links contracting workflows with the facility and personnel clearance data customers require to compliantly staff, execute, and scale mission-critical programs.”

William Blair served as financial advisor to Capitol Meridian, and Latham & Watkins LLP served as legal advisor. Baird served as financial advisor to TechnoMile, and DLA Piper LLP served as legal advisor. KippsDeSanto & Co. served as financial advisor to SIMS Software, and King & Spalding LLP served as legal advisor. Monroe Capital LLC provided debt financing for the transaction.

About TechnoMile

From go-to-market to contract closeout, TechnoMile provides transformative, AI-enabled cloud solutions that empower companies to find, pursue, win, and retain more business with the government. Using TechnoMile’s best-in-class cloud platform, companies optimize BD and capture processes, source market and contact intelligence, automate and de-risk the contract lifecycle, foster stronger relationships with partners/suppliers, and gain an information advantage that elevates enterprise performance. TechnoMile serves more than 250 clients ranging from growing small businesses, to mid-market organizations, to Fortune 500 companies, including half of the top 10 federal defense contractors and 50 percent of the top 10 IT government contractors. For more information about TechnoMile, visit technomile.com or follow us at linkedin.com/company/technomile.

About SIMS Software

For over 40 years, SIMS Software has been the leading provider of security information management software to the world’s most renowned government agencies, defense contractors, high technology giants, academic institutions, and research facilities. SIMS Software helps security professionals centralize dispersed data sources to achieve operational efficiencies, government compliance, risk mitigation and visibility across their security domain.

About Capitol Meridian Partners

Founded in 2021, Capitol Meridian Partners invests at the nexus of commercial and government markets, targeting opportunities where the firm can invest and drive value creation through active engagement with management. The firm draws upon the deep network of industry veterans curated over 25+ years of its principals’ experience in the sector to bring thoughtful strategic resources to each investment opportunity. capitolmeridian.com

Contacts

TechnoMile

Shayne Forsyth
shayne.forsyth@technomile.com
(832) 215-5692

SIMS Software

Trina Thayne
tthayne@simssoftware.com
(858) 481-9292

Capitol Meridian Partners

Chris Ullman
chris@chrisullman.com
(202) 641-2234

Capitol Meridian Partners & Stellex Capital Management to Acquire Beaufort, the Aerospace & Defense Survival Equipment Division of Survitec

ELLESMERE PORT, England & WASHINGTON & NEW YORK–(BUSINESS WIRE)–Survitec, a global provider of Survival Technology, has agreed to sell its aerospace and defense division, Beaufort, in a carve-out transaction to investment firms Capitol Meridian Partners and Stellex Capital Management.

Ellesmere Port, UK-based Beaufort supplies survival equipment for air, land, and sea forces to the U.S. Department of Defense, U.K. Ministry of Defence, and other allied militaries, as well as defense primes. Core products include flight jackets, anti-G trousers, liferafts, submarine-escape equipment, and immersion suits. The company employs 1,200 people globally and operates seven manufacturing facilities across the US, UK, Germany, and Australia.

Robert Kledal, Chief Executive Officer of Survitec, said, “Beaufort’s transition to new ownership, who have deep sector expertise, positions the company to execute its growth strategy with focus and discipline, while maintaining delivery for customers and partners. With dedicated investment and industry insight, Beaufort is well placed to accelerate innovation, strengthen its market position and capture the opportunities ahead. I wish our soon former colleagues all the best on this new and exciting journey.”

Beaufort CEO Dom Cartwright said, “I thank our colleagues at Survitec for their support and for entrusting us with this next chapter of innovation and growth. We’re honored and excited to lead Beaufort as an independent company backed by investors with long histories in aerospace and defense. Our mission to protect those who serve is steadfast; now we will have greater focus and capital to further invest in innovation and provide even better service to our customers and partners.”

“We look forward to partnering with Dom Cartwright and the Beaufort team as we build on the company’s multi-decade track record of quality, innovation, and service,” said Adam Palmer, Founding Partner of Capitol Meridian, and Karthik Achar, Partner at Stellex. “As a platform with a global footprint and embedded positions on critical programs, we believe Beaufort is well-positioned to benefit from strong and accelerating defense spending worldwide. We intend to pursue complementary acquisitions, invest to expand the product portfolio, and deepen customer relationships.”

Houlihan Lokey served as exclusive financial advisor and Greenberg Traurig served as legal counsel to Survitec. Evercore served as exclusive financial advisor and Latham & Watkins LLP served as legal counsel to Capitol Meridian and Stellex. Terms of the transaction were not disclosed.

***

About Survitec
Survitec is a global Survival Technology leader. Survitec has more than 3,000 employees worldwide, covering 11 manufacturing facilities and more than 400 service centers. They operate in over 2,000 ports, spanning 96 countries. Survitec is the world’s largest manufacturer and supplier of liferaft, Marine Evacuation Systems (MES) and offshore rental PPE. The Survitec team live by their purpose “We Exist to Protect Lives”. Throughout its 168-year history, Survitec has remained at the forefront of innovation, design and application engineering and is the trusted name when it comes to critical safety and survival solutions. www.survitecgroup.com

About Beaufort
Beaufort is at the forefront of innovation in survival technologies, with proven capability delivering world-first solutions across air, land and sea domains. As the Aerospace & Defense business of Survitec Group, Beaufort is dedicated to delivering mission-critical solutions that protect and enhance the performance of defense organizations globally.

About Capitol Meridian Partners
Founded in 2021, Capitol Meridian Partners invests at the nexus of commercial and government markets, targeting opportunities where the firm can invest and drive value creation through active engagement with management. The firm draws upon the deep network of industry veterans curated over 25+ years of its principals’ experience in the sector to bring thoughtful strategic resources to each investment opportunity. capitolmeridian.com

About Stellex Capital Management LLC
With offices in New York, London, Pittsburgh and Detroit, Stellex Capital is a private equity firm with over $5 billion in AUM. Stellex seeks to identify and deploy capital in opportunities that stand to benefit from its operationally focused and hands-on approach to investing. Portfolio companies are supported by Stellex’s industry knowledge, operating capabilities, network of senior executives, strategic insights, and access to capital. Sectors of particular focus include aerospace, defense & government services, transportation & logistics, manufacturing, real economy & business services, food processing and tech-enabled services. Additional information may be found at http://www.stellexcapital.com

Contacts

Capitol Meridian
Chris Ullman
chris@chrisullman.com
+1-202-641-2234

Stellex
Media Contact
Prosek Partners
Mike Geller / Rachel Goun
pro-stellex@prosek.com

Survitec
Chris Love
Head of Communications and Public Relations
Chris.Love@survitecgroup.com

Capitol Meridian Partners Makes Strategic Investment into LAUNCH

Capitol Meridian Partners (CMP), a private equity firm with deep expertise in the aviation sector, today announced it has completed a majority investment in LAUNCH, a founder-led provider of technical workforce solutions and services to the aviation industry. LAUNCH’s solutions address a wide range of aircraft platforms and systems, including airframes, avionics, in-flight connectivity, and interiors. The LAUNCH management will remain in place and retain a significant ownership stake going forward.

“We are excited to partner with Adam Palmer and the CMP team, who have a long track record supporting founder-led businesses. They are highly respected in the aviation market.“

— Mike Guagenti, LAUNCH CEO and Co-Founder

“I thank our clients, who have supported LAUNCH through the years since our inception and have helped us become the industry leading company we are today,” said Mike Guagenti, LAUNCH CEO and Co-Founder. “We are excited to partner with Adam Palmer and the CMP team, who have a long track record supporting founder-led businesses. They are highly respected in the aviation market given their deep sector knowledge, extensive industry network, and ability to add value.” Ian Rollo, Co-Founder and current Chairman, along with Jean Rollo, Co-Founder & President of LAUNCH Management Services, emphasized the impact of LAUNCH’s team. Jean Rollo added, “The dedication and drive of the amazing team at LAUNCH have greatly contributed to our success. Together, our new partnership with Capitol Meridian will enable us to best serve our customers and accelerate our growth plans.”

“Since founding CMP in 2021, aviation services has been a core focus area for us given its attractive, sustainable market tailwinds. We were drawn to LAUNCH because of their well-earned reputation as a leading provider of reliable, high-quality technical talent and solutions. The Company addresses a critical pain point industry-wide, which is expected to persist for a long time,” said CMP Founding Partner Adam Palmer. “We look forward to supporting the Company’s growth plans by strengthening LAUNCH’s customer value proposition; expanding into new markets and geographies; investing in technology; and providing follow-on capital,” he added.

Jeff Martin, newly named Executive Chairman of LAUNCH, said, “I am excited to work with the LAUNCH team as they partner with CMP for their next stage of growth. As an airline and OEM executive, I understand the value of creative thinking coupled with partnership, integrity, and a customer-centric approach. LAUNCH’s proven record of quality, reliability, and innovation embodies these principles. Under Mike and Jean’s continued leadership, the Company will remain dedicated to those core values while pursuing new opportunities and strategic partnerships with our clients.” Mr. Martin will continue to serve on the Board of Directors of Aero Design Labs.

RBC Capital Markets served as exclusive financial advisor and DLA Piper and Huck Bouma, P.C. served as legal counsel to LAUNCH. Jefferies, LLC served as exclusive financial advisor and Latham & Watkins LLP served as legal counsel to CMP. Terms of the transaction were not disclosed.

*****

CMP, with $1.2 billion in AuM, has now invested in six companies out of its inaugural $900 million fund, Capitol Meridian Fund I LP: LMI, Altumint, PrimeFlight Aviation Services, Parry Labs, Clarity, and now LAUNCH.

About LAUNCH
At LAUNCH, our mission is to partner with our clients to deliver innovative technical workforce solutions and services to the aviation industry. Additionally, LAUNCH TEAMS, operating under our Part 145 Repair Station Certificate, combines accomplished leadership with expert technicians for project-based solutions to execute your maintenance and modification programs. Our commitment to strong alliances has helped us develop a pipeline of mechanics and technicians for today and the future of aviation maintenance. www.launchtws.com

About Capitol Meridian Partners
Capitol Meridian Partners was formed in 2021 to invest at the nexus of government and commercial markets, targeting opportunities where the firm can drive value creation through active engagement with management. The firm draws upon the deep network of industry veterans curated over 28+ years of its principals’ experience in the sector to bring thoughtful strategic resources to each investment opportunity. www.capitolmeridian.com

Contacts:

Chris Ullman
Capitol Meridian Partners
chris@chrisullman.com
+1-202-641-2234

Theresa Baldwin
LAUNCH
+1 801-502-6815
theresabaldwin@launchtws.com
Visit us on social media:
LinkedIn

DC Firm Bets Private Equity Will Play Big Role Shaping US Defense Technology

By Dawn Lim

A defense-investment firm founded by Carlyle Group Inc. alumni is expanding in a bet that private equity will play a more prominent role in shaping technology critical for US security.

Capitol Meridian Partners hired Michael Puopolo, a Blackstone Inc. principal who previously worked for Carlyle’s aerospace, defense and government-services team, as a managing director. It also tapped Curtis Uehlein, who led Carlyle portfolio companies, as an operating executive.

Washington-based Capitol Meridian raised more than $1 billion this year in its first fundraising campaign. The 14-person shop is part of a wave of private equity and investment firms channeling clout and money into bolstering US defense, aerospace companies and government contractors.

“The world is a more dangerous place than a year ago,” Brooke Coburn, a Capitol Meridian founding partner, said in an interview. War in Ukraine has underscored the efficacy of drones as killing machines, while a new cold war with China and upheaval in the Middle East are creating new geopolitical threats for the US.

“That is necessitating a new wave of investment akin to the 1980s,” he said, referring to a period when defense expenditures and an arms race accelerated under then-President Ronald Reagan.

The focus on slashing government bureaucracy by the incoming Trump administration could also create a bigger role for technology — and the private equity firms behind them — to play in supporting the defense-industrial base. “The government is in a position of doing more with less,” Coburn said. “Commercial technologies are finding their way on the battlefield in a bigger way than ever before.”

Carlyle Ties

The ties between Capitol Meridian and Washington-based Carlyle run deep. Coburn worked in various positions at Carlyle, including head of the middle-market buyout team and deputy chief investment officer for real assets. Eight of Capitol Meridian’s most senior professionals have a shared history of working at Carlyle.

Puopolo played a role in Carlyle investments in defense contractor Booz Allen Hamilton, aerospace company Sequa and analytics business Novetta. As an associate, he worked under Adam Palmer, another Capitol Meridian founding partner who ran Carlyle’s aerospace, defense and government-services investment team. Most recently, Puopolo focused on technology deals at Blackstone’s private equity arm, serving on boards including event-planning software company Cvent.

Capitol Meridian’s founders regularly walk into junior employees’ offices to discuss deals, differentiating it from the large investment complexes he worked at previously, Puopolo said.

The firm’s deals include Parry Labs, which creates operating software for drones and helps systems across the military talk with one another. It has also invested in LMI, which is working with the US Department of Defense to sift through its vast troves of data and tap them for new uses.

Capitol Meridian Partners Invests in Data Analytics Software Developer Clarity Innovations

By Naomi Cooper

Capitol Meridian Partners has invested an undisclosed amount in Clarity Innovations, a Columbia, Maryland-based developer of data analytics software for national security applications.

Clarity’s co-founders and management team will remain significant shareholders and continue to oversee the company as it seeks to support the government’s national security mission objectives through modern technologies, Capitol Meridian and Clarity said in a joint statement published Monday.

“The Capitol Meridian team shares our relentless focus on customer success and enhancing mission outcomes,” said Wes Daniels, co-founder and CEO of Clarity.

Mike Gozycki, a partner at Capitol Meridian Partners, said the investment would support the continued development of Clarity’s capabilities, intellectual property, workforce and acquisitions.

Washington, D.C.-based investment firm’s portfolio of companies also includes LMI, PrimeFlight and Altumint.

Carlyle Group selling airline services company PrimeFlight to D.C. private equity firm Capitol Meridian Group

By Alan Kline – Senior Editor, Washington Business Journal

The Carlyle Group Inc. (NASDAQ: CG) is exiting its investment in the airline services firm PrimeFlight Aviation Services and selling it to an upstart private equity group headed by Carlyle alums.

The private equity giant said earlier this week it struck a deal to sell Sugar Land, Texas-based PrimeFlight to Capitol Meridian Partners in D.C. and The Sterling Group in Houston. Capitol Meridian, founded in 2021 by longtime Carlyle executives Adam Palmer and Brooke Coburn, and Sterling will each own 50% of PrimeFlight, the companies announced in a joint news release.

Terms of the sale were not disclosed.

PrimeFlight provides a broad range of services to airlines and airports across the globe, from cleaning and maintenance to baggage handling to de-icing and refueling planes. Carlyle acquired the company in 2017 and on its watch PrimeFlight grew exponentially, buying up roughly 20 companies over a four-year stretch in the U.S. and abroad. It now has operations at 235 airports worldwide and has about 12,000 employees.

For Capitol Meridian, the deal would be its third since Palmer and Coburn founded the firm two years ago after working together at Carlyle for more than 25 years.

In April 2022 it acquired Altumint Inc., a Lanham company that provides traffic safety technology and related services to state and local governments, and in July 2022 it was part of a consortium of private equity groups that bought the Tysons government consulting firm LMI for a reported $350 million.

Palmer, who worked with PrimeFlight during his time at Carlyle, said he is looking forward to reuniting with PrimeFlight CEO Dan Bucaro and helping guide the company through its next phase of growth.

LMI Agrees to Sell For-Profit Subsidiary to Consortium of Investors

By Christen Smith

Tysons, VA, Washington, DC & New York, NY – LMI, a provider of technology-enabled management consulting, logistics and digital & analytics solutions to the U.S. government, has agreed to sell its for-profit subsidiary to a consortium of investment firms: Declaration Partners (backed by the family office of David M. Rubenstein), Capitol Meridian Partners, and 22C Capital. The for-profit subsidiary will retain the LMI name. The remaining entity will be re-branded as nonprofit NobleReach Foundation™ and be a free-standing independent entity. Terms of the transaction, which is expected to close in Q3 2022, are not disclosed.

“This new partnership will better position LMI to innovate and support the missions of its government customers. Declaration, Capitol Meridian, and 22C bring an extensive knowledge of the government marketplace and a deep technology expertise, strengthening our ability to help our customers solve their complex challenges.”

— Doug Wagoner, LMI President and CEO

Doug Wagoner, LMI president and CEO, said, “This new partnership will better position LMI to innovate and support the missions of its government customers. Declaration, Capitol Meridian, and 22C bring an extensive knowledge of the government marketplace and a deep technology expertise, strengthening our ability to help our customers solve their complex challenges.” He added, “Our people are our greatest asset. This opportunity expands our ability to attract and retain the best talent while maintaining our winning LMI culture.”

“The federal government is in the early stages of a generational digital transformation of IT infrastructure. Under the proven and inspired leadership of Doug Wagoner, LMI is well-positioned to continue to be the technology solutions provider of choice to a range of government agencies,” said Adam Palmer of Capitol Meridian Partners, Elliot Wagner of Declaration Partners, and Eric Edell of 22C Capital.

They added, “We will support Doug and his team as they build on LMI’s rich 60+ year history of relationships in a cross-section of the federal government and accelerate the evolution of the platform into a digital-focused, tech-enabled solutions provider leveraging an in-house technology incubator to better serve its customers.”

“The federal government is in the early stages of a generational digital transformation of IT infrastructure. Under the proven and inspired leadership of Doug Wagoner, LMI is well-positioned to continue to be the technology solutions provider of choice to a range of government agencies.”

— Adam Palmer of Capitol Meridian Partners, Elliot Wagner of Declaration Partners, and Eric Edell of 22C Capital

Founded in 1961 to help the Department of Defense resolve complex challenges, LMI provides digital services, advanced analytics, logistics, and management advisory services across the federal government, including the Department of Defense, the Department of Homeland Security, and the health and intelligence communities.

The Honorable Lisa Disbrow, LMI’s chair, commented, “The evolution and separation of LMI and NobleReach Foundation™ is a necessary force multiplier that accelerates the opportunity to realize LMI’s mission and charter—driving greater value for employees, government, and society through two unique, exceptional organizations.”

KippsDeSanto & Co. served as the M&A advisor to LMI, and Macquarie served as M&A advisor to the investors. The investors were also advised by Latham & Watkins, Sidley Austin, and Paul Weiss on various aspects of the transaction.

“The evolution and separation of LMI and NobleReach Foundation™ is a necessary force multiplier that accelerates the opportunity to realize LMI’s mission and charter—driving greater value for employees, government, and society through two unique, exceptional organizations.”

— Honorable Lisa Disbrow, LMI’s Chair

About LMI
LMI is a consultancy dedicated to powering a future-ready, high-performing government, drawing from expertise in digital and analytic solutions, logistics, and management advisory services. We deliver integrated capabilities that incorporate emerging technologies and are tailored to customers’ unique mission needs, backed by objective research and data analysis. Founded in 1961 to help the Department of Defense resolve complex logistics management challenges, LMI continues to enable growth and transformation, enhance operational readiness and resiliency, and ensure mission success for federal civilian and defense agencies.

About Declaration Partners
Declaration Partners is a private investment firm that seeks to be a value-added capital partner and strategic resource to management teams and asset owners where patient, flexible capital provides an advantage. Declaration has approximately $2.5 billion in assets under management across its investment strategies, which include growth equity, real estate, platform company investments, fund seeding, and other opportunistic strategies. Anchored by the family office of private equity veteran and philanthropist David M. Rubenstein, Declaration invests on behalf of family offices and like-minded institutional investors. The firm was founded in 2017 and is headquartered in New York with an office in the Washington, DC area.

About Capitol Meridian Partners
Capitol Meridian Partners was formed in 2021 to invest at the nexus of commercial and government markets, targeting opportunities where the firm can invest and drive value creation through active engagement with management. The firm draws upon the deep network of industry veterans curated over 25+ years of its principals’ experience in the sector to bring thoughtful strategic resources to each investment opportunity

About 22C Capital
22C Capital is a private investment firm committed to delivering capital and critical resources to companies operating at the intersection of technology enablement and data analytics adoption. 22C partners with world-class management teams to build leaders in their respective markets. The firm’s operational and technology resources, including its affiliated data science organization, deliver practical, real-world support to help convert businesses’ challenges into opportunities and unlock their full potential.