Sagewind Capital LLC, a New York-based private equity firm has invested in Sigma Defense Systems LLC, a provider of systems engineering, program management, and logistics support to the Department of Defense (DoD).
Scott Ritchie and Thor James, Sigma Defense’s founders will remain with the Company as Chief Growth Officer and Chief Operating Officer, respectively, and retain a significant equity ownership.
Mr. Ritchie said, “Sagewind is an ideal partner to help us accelerate growth as we enter into a new chapter in our Company’s development. They have backed several management teams in growing their businesses through acquisitions and other growth initiatives, including expanding their customer bases and capabilities. We believe that our collaboration with Sagewind will enable us to better fulfill our mission.”