Arlington closes oversubscribed Fund V on $1.7bn


Arlington Capital Partners has rapidly reached the final close of its fifth buyout, after raising around $1.7bn in just three months.

The firm has surpassed its last fundraise, which also took three months to hit a $700m hard cap in 2016, smashing its initial $575m target.

Arlington typically invests in government-related sectors such as aerospace, defence, government services, technology, healthcare, business services and software. The firm said it will continue this strategy with the new fund.

The firm has exited seven portfolio companies and invested in five new platforms since April 2017. Arlington also closed seven strategic add-on acquisitions over the same period.

Evercore Group is acting as a placement agent for the vehicle, according to an SEC filing from May.

Earlier this year, the buyout house exited its portfolio business MicroPact to trade buyer Tyler Technologies, whilst also buying the forming and fabrication facilities of Triumph Group and Vicente Capital-backed Intellectual Technologies.

Since launching in 1999, Arlington has completed over 90 acquisitions and now manages around $4bn of capital commitments across its five funds.

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