Madison Dearborn Partners acquires T2S Solutions

Madison Dearborn Partners (MDP), a private equity investment firm based in Chicago, IL, announced on November 30 that funds affiliated with MDP have acquired T2S Solutions, a founder-owned provider of R&D, prototyping, engineering, integration, and technology products to mission critical programs for the U.S. Department of Defense (DoD), Intelligence Community (IC), and other U.S. government agencies. The T2S founders will retain a significant minority ownership position and will continue to lead the company.

Tim Gay, co-founder and chief executive officer of T2S, said, “We at T2S take great pride in our unique position today, which has been built over more than a decade of strong execution and product innovation, as a go-to prime contractor on complex, multi-year technology programs for national security customers, developing and fielding technologies to enable top strategic modernization priorities. We’re excited to partner with MDP as we continue on our mission to deliver increasingly innovative technologies and solutions while maintaining our rapid growth. The MDP team’s track record of success in the government technology sector, commitment to fostering R&D and innovation, and deep network of industry experts and advisors will strengthen our ability to meet the needs of our customers and continue to support today and tomorrow’s warfighter.”

Founded in 2010, T2S is a differentiated provider of innovative and mission-focused products and solutions across a range of priority mission areas including Space, Assured Positioning, Navigation and Timing, Artificial Intelligence / Machine Learning (“AI/ML”), Cybersecurity, Electronic Warfare (“EW”), Intelligence, Surveillance, and Reconnaissance (“ISR”), Command and Control (“C2”), and High-Altitude Platforms. T2S’ success is driven by its differentiated ability to design, engineer, develop, field and integrate proprietary, commercial and government technologies to create next-generation military capabilities that meet the critical needs of its customers, which include a growing number of DoD and IC R&D and program offices.

“MDP has a long-standing history of partnering with the DoD, Special Operations, and IC to increase mission effectiveness and enhance national security through the use of innovative technology solutions, and we look forward to partnering with T2S in their next chapter of growth,” said Matt Norton, head of MDP’s technology and government solutions team. “The T2S team has built the company on strong and trusted relationships with key military program leaders, top-tier technical capabilities, and fantastic execution. We look forward to leveraging our expertise and network to identify opportunities that will maintain those core philosophies, while extending the capabilities T2S offers its customers in support of their mission to safeguard our country.”

With deep experience in the government technology sector, MDP partners with talented, often founder-led, management teams to help identify organic and inorganic opportunities to scale and strengthen product offerings and solutions. MDP’s government technology sector experience – including its investment partnerships with LGS Innovations, the former Federal division of Bell Labs focused on C4ISR and cybersecurity for the IC, LinQuest Corporation, a leader in military space technology solutions, AEVEX Aerospace, a leader in special mission airborne technology systems and solutions, SpiderOak, a cybersecurity provider for space-based assets, and Unison, a leading provider of government procurement, supply chain, and contract management software – will enable MDP to support T2S’ next phase of mission-focused growth.

“Our T2S team has focused on exceeding our customers’ expectations and requirements for over a decade. Executing against that goal has allowed us to grow into a critical mission partner for our customers. Today, we are strategically positioned at the center of high-priority defense technology areas that will see significant growth for years to come,” said Tim Jahnigen, co-founder and chief growth officer of T2S. “With MDP’s resources and expertise, we will be able to accelerate our existing R&D and prototyping core, capture lead production roles, and further increase our investments in proprietary technology products from our R&D pipeline.”

Source: Madison Dearborn Partners

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