MAG Aerospace Partners with NY-based Private Equity Firm New Mountain Capital
Ropes & Gray represented New Mountain Capital, a New York-based private equity firm, in its partnership with MAG Aerospace, a leading turnkey provider of intelligence, surveillance and reconnaissance solutions. New Mountain is providing MAG with significant financial and strategic resources to support future growth initiatives.
MAG, headquartered in Fairfax, Va., has demonstrated rapid growth through its unique ability to provide turnkey solutions, enabling real-time situational awareness to help its customers make the world more stable and secure. MAG delivers full-spectrum ISR including operations, training, and technical services, as well as specialty aviation services.
The Ropes & Gray team was led by private equity partners John Sorkin and Garrett Charon, finance partner Stefanie Birkmann, tax partner Adam Greenwood, executive compensation and benefits partner Alexandra Alperovich and labor and employment partner Megan Bisk.