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Business/Financial

Arlington Capital Partners Acquires Federal IT Business Of Black Box

By Cal Biesecker

Tuesday, August 28th, 2018

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Arlington Capital Partners Acquires Federal IT Business Of Black Box

Tyto Athene's portable Acuity Tactical Edge micro data center. Photo: Tyto Athene

The private equity firm Arlington Capital Partners on Monday evening said it has acquired the government information technology (IT) services business of digital solutions provider Black Box Corp. [BBOX] and has renamed its new portfolio company Tyto Athene.Black Box, which is based in Pittsburgh, Pa., said the sale price was $75 million and was completed on a debt free, cash-free basis. Arlington Capital has renamed its new portfolio company Tyto Athene.Arlington Capital said that Tyto, which is based in Northern…

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