AGC Aerospace & Defense is the unifying brand for a private equity

Private equity

Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....

 firm - Acorn Growth Companies. Acorn, which is based out of Oklahoma City

Oklahoma city

Oklahoma City is the capital and largest city of the U.S. state of Oklahoma.Oklahoma City may also refer to:*Oklahoma City metropolitan area*Downtown Oklahoma City*Uptown Oklahoma City*Oklahoma City bombing*Oklahoma City National Memorial...

, invests in or acquires smaller companies within the aerospace

Aerospace

Aerospace comprises the atmosphere of Earth and surrounding space. Typically the term is used to refer to the industry that researches, designs, manufactures, operates, and maintains vehicles moving through air and space...

 and defense

Defense (military)

Defense has several uses in the sphere of military application.Personal defense implies measures taken by individual soldiers in protecting themselves whether by use of protective materials such as armor, or field construction of trenches or a bunker, or by using weapons that prevent the enemy...

 sector. Since inception, Acorn has acquired five businesses and started three.

All the companies were aligned under the AGC Aerospace and Defense umbrella in 2009. The companies support DoD

United States Department of Defense

The United States Department of Defense is the U.S...

 directly or as subcontractor

Subcontractor

A subcontractor is an individual or in many cases a business that signs a contract to perform part or all of the obligations of another's contract....

s to OEMs

Original Equipment Manufacturer

An original equipment manufacturer, or OEM, manufactures products or components that are purchased by a company and retailed under that purchasing company's brand name. OEM refers to the company that originally manufactured the product. When referring to automotive parts, OEM designates a...

 or Tier 1 defense contractors.

Acquisitions

• Commuter Air Technology (CAT)
• Aerospace Products S.E. (APSE)
• Unitech Composites and Structures
• Valair Aviation
• Integrated Composites, Inc.
• Valair - Kirkpatrick Aviation

Start-ups and new ventures

• Veracity Technology Solutions
• SinglePoint Financial
• Aircraft Logistics Group (ALG)

Operating locations

• Huntsville, AL
  Huntsville, Alabama
  Huntsville is a city located primarily in Madison County in the central part of the far northern region of the U.S. state of Alabama. Huntsville is the county seat of Madison County. The city extends west into neighboring Limestone County. Huntsville's population was 180,105 as of the 2010 Census....
  
  <
• Marina, CA
  Marina, California
  Marina is a city in Monterey County, California, United States. The population was 19,718 at the 2010 census. Marina is located along the central coast of California, west of Salinas, and 8 miles north of Monterey, at an elevation of 43 feet . Marina was incorporated in 1975 and is the newest city...
  
  
• Washington, DC
  
• Hayden, ID
  Hayden, Idaho
  Hayden is a city in Kootenai County, Idaho, United States. The population was 9,159 at the 2000 census.- History :Hayden was once called "Hayden village." In 1955, it was incorporated as Hayden City...
  
  
• Oklahoma City
  Oklahoma city
  Oklahoma City is the capital and largest city of the U.S. state of Oklahoma.Oklahoma City may also refer to:*Oklahoma City metropolitan area*Downtown Oklahoma City*Uptown Oklahoma City*Oklahoma City bombing*Oklahoma City National Memorial...
  
  
• Tulsa, OK
  Tulsa, Oklahoma
  Tulsa is the second-largest city in the state of Oklahoma and 46th-largest city in the United States. With a population of 391,906 as of the 2010 census, it is the principal municipality of the Tulsa Metropolitan Area, a region with 937,478 residents in the MSA and 988,454 in the CSA. Tulsa's...
  
  
• Salt Lake City

Awards and recognition

In early 2010, Veracity Technology Solutions received the Aviation Week MRO of the Year award from Aviation Week. The Oklahoma Technology Counsel profiled Veracity's non-destructive inspection (NDI) / non-destructive testing (NDT) solutions. In the spring of 2010, Valair Aviation was featured by a local news channel regarding their aircraft upgrade capabilities.

Recently, the AGC Finance group was highlighted in CorporateJetInvestor magazine.

External links

• Brus, Brian. "Veracity soaring: Magazine names Tulsa firm MRO of the Year." Journal Record, The (Oklahoma City). May 14, 2009. http://findarticles.com/p/articles/mi_qn4182/is_20100528/ai_n53871181/
• Oklahoma Technology Council. http://www.oktechcouncil.com/tech_spotlight.php?archive=215
• Oklahoma State University "Sensor Companies in Oklahoma: Commuter Air Technology." Sensors: Sensor Industry in Oklahoma. Vol. 3, No. 1, MMX. http://vprtt.okstate.edu/index.php/research-communications/publications