Thursday, October 31, 2024
HomeLongterm InvestingHighlander Companions Proclaims the Acquisition of Liteye Methods, a Chief in Counter-UAS...

Highlander Companions Proclaims the Acquisition of Liteye Methods, a Chief in Counter-UAS Expertise and Options

Date:

Related stories


Liteye represents the primary funding made in reference to Excessive Level Aerotechnologies, a division of Highlander just lately established to pursue main applied sciences within the C-UAS, UAS and associated protection industries

DALLAS, Nov. 28, 2022 /PRNewswire/ — Highlander Companions, L.P. (“Highlander”), a number one personal funding agency, just lately introduced the acquisition of Liteye Methods, Inc. (“Liteye” or “the Firm”).  Liteye is a multi-mission protection firm that develops, integrates, and manufactures Counter Unmanned Plane Methods (“C-UAS” or “Counter-UAS”) designed to neutralize hostile drone threats.  The rise of drone exercise has created an instantaneous want for stylish C-UAS techniques and options to guard towards threats to folks and demanding civilian and navy infrastructure, and to conduct navy and nationwide safety operations.

Highlander Companions. (PRNewsFoto/Highlander Companions, L.P.) (PRNewsFoto/HIGHLANDER PARTNERS_ L_P_)

Based in 2000 with a concentrate on promoting thermal cameras and head-mounted shows to navy and regulation enforcement companies, Liteye in 2015 shifted its focus to C-UAS applied sciences.  The Firm has since grown into a number one producer and integrator of C-UAS techniques that detect, determine, monitor, and disrupt hostile unmanned plane.  The Firm operates as an integrator of best-in-class expertise via unique strategic partnerships, subsequently providing extremely configurable and {hardware} agnostic techniques which can be personalized to suit mission targets and buyer requisites.  Moreover, this modular method eliminates {hardware} dependencies and facilitates expertise upgrades to make sure that Liteye’s techniques are all the time geared up with the newest cutting-edge applied sciences.  The Firm has long-term relationships with U.S. and worldwide authorities companies.

Earlier this yr, Highlander shaped Excessive Level Aerotechnologies LLC (“Excessive Level” or “Excessive Level Aerotechnologies”), a division established particularly to concentrate on and pursue the quickly evolving C-UAS and UAS industries.  The target of Excessive Level is to create a worldwide chief in these excessive development classes via the acquisition of established working corporations, rising applied sciences, and trade specialists.  Underneath the management of former senior particular ops officer Jim Gavrilis, Excessive Level has shortly made important progress.  Right now the Excessive Level crew consists of a wide range of leaders with backgrounds in protection, authorities, and expertise, every of whom will help Liteye in its development initiatives.

Kenneth Geyer and Tom Scott, co-founders of Liteye commented, “The Liteye government crew is thrilled to hitch forces with Highlander to proceed the expansion of our multi-mission C-UAS platforms, constructed round defending lives and demanding infrastructure.  We really feel that the necessity for superior C-UAS is extra urgent than ever, and we imagine that Excessive Level and the broader Highlander crew carry the required authorities and navy relationships, trade expertise, and long-term monetary method to help us in driving Liteye and the C-UAS trade ahead.”

“We have now devoted substantial assets to exploring alternatives throughout the unmanned plane spectrum,” commented Ben Slater, Accomplice at Highlander. “Liteye has emerged as a transparent chief within the nascent and demanding C-UAS house, and we imagine that Highlander and Excessive Level are well-equipped to help Liteye because it continues constructing on its strategic place as a supplier of main expertise.  We anticipate that Liteye would be the first step in establishing a bigger platform and intend to pursue further M&A within the house.”

Jeff L. Hull, President and CEO of Highlander, added, “Regardless of significant personal and public funding, a lot of right now’s C-UAS options lag developments in offensive drone expertise.  Nevertheless, Liteye’s system of techniques method and expertise present a number one resolution to the market in comparison with many different C-UAS platforms.  Evidently, we’re impressed with what Kenneth, Tom, and the remainder of the Liteye crew have constructed and we stay up for working along with them to take the Firm to new heights.”

The Forbes M+A Group acted as monetary advisor and Holland & Hart LLP served as authorized counsel to Liteye. Highlander was represented by Baker McKenzie as authorized counsel.

About Liteye Methods

Liteye Methods, Inc. is a number one expertise producer and integrator of multi-domain and multi-mission protection techniques that defend lives and demanding infrastructure from real-world threats since Iraq 2016.  The Firm’s protection techniques embody navy and industrial C-UAS, drone sense and warn techniques, rugged high-resolution head mounted shows, micro imaging viewfinders, thermal surveillance techniques, covert surveillance techniques, digital warfare packages, radar techniques, and hearth management software program options.  For extra info, go to www.liteye.com.

About Highlander Companions 

Highlander Companions, L.P. is a Dallas-based personal funding agency with roughly $3 billion of belongings below administration.  The agency focuses on making investments in companies in focused industries wherein the principals of the agency have important working and investing expertise.  Highlander Companions makes use of a purchase and construct funding method, creating worth by serving to corporations develop each organically and thru acquisitions.  For extra info, go to www.highlander-partners.com.

About Excessive Level Aerotechnologies

Excessive Level Aerotechnologies LLC is a division of Highlander Companions established particularly to pursue the quickly evolving C-UAS, UAS, and associated protection industries.  Excessive Level’s goal is to turn out to be a acknowledged chief in its focus classes by buying preeminent applied sciences, corporations, and expertise.  Excessive Level is dedicated to supporting the protection of our nation towards evolving threats and will stay mission-focused on creating wanted capabilities for the U.S. and our allies.

Liteye Systems, Inc.

Liteye Methods, Inc.

Cision

Cision

View unique content material to obtain multimedia:https://www.prnewswire.com/news-releases/highlander-partners-announces-the-acquisition-of-liteye-systems-a-leader-in-counter-uas-technology-and-solutions-301687545.html

SOURCE Highlander Companions, L.P.



Supply hyperlink

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

LEAVE A REPLY

Please enter your comment!
Please enter your name here