
Arlington Capital Partners on Thursday said it has formed Keel Holdings, LLC, a vertically integrated manufacturer of complect structures for defense programs that is designed to meet customer needs for more industrial base capacity. Keel was formed through the merger of Pegasus Steel, which Arlington Capital acquired last June, and the new acquisitions of Metal Trades, LLC, and Merrill Technologies Group. The 700-employee company has more than one million square feet of manufacturing floor space across nine facilities in Michigan…