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SC&H Capital Announces Artis LLC Sells Controlling Interest to Plasan

MCLEAN, Va., March 7, 2012 /PRNewswire/ -- SC&H Capital, an investment banking and advisory firm to middle market businesses, served as the exclusive financial advisor to Artis LLC in the sale of their controlling interest to Plasan.  Financial terms were not disclosed.

Artis LLC's unique engineering and design capabilities will enhance Plasan's ability to provide the best possible survivability solution against current and future threats with their unique know-how and APS technology. Integration of Iron Curtain™  - the most advanced APS for protecting today's tactical wheeled vehicles (TWV) - into Plasan's lightweight armor and crew protection systems, provides an optimized solution suite.

Founded in 1999 and headquartered in Herndon, VA, Artis LLC specializes in contract R&D and analysis services for health and security markets. They provide innovative solutions to long-ingrained problems in the areas of motion measurement and human computer interfaces. The Company's analysis services focus on defining the military utility of future technologies, especially distributed sensor networks and robotics systems.

Plasan is an international company engaged in the design, development, and manufacture of state-of-the-art, customized, lightweight survivability solutions for tactical combat vehicles, fixed- and rotary-winged aircraft, naval platforms, civilian armor vehicles, and personal protection. The Artis acquisition is the latest in a series of moves by Plasan to consolidate its position as the leading developer of survivability solutions for tactical wheeled vehicles used in the defense and homeland security markets. Plasan's recent efforts include Armored Chariots LLC, a joint venture with TPI Composites Inc. of Scottsdale, Arizona to produce next-generation crew compartments for U.S. military vehicles at a facility in Warren, Rhode Island.

About SC&H Capital

SC&H Capital, an affiliate of SC&H Group, LLC, is an investment banking advisory firm to middle market businesses. SC&H Capital supports their investment banking activity with a full suite of strategic and financial resources to assist companies in the development and execution of strategic plans and initiatives. In conjunction with SC&H Group, LLC, SC&H Capital tailors their advisory services to ensure that their clients receive pertinent and valuable advice in every stage of the business life cycle – not just at the time of sale.

Securities offered through Stout Causey Capital Corporation, member FINRA.

Contact: Contact: Kim Nichols, Director | 410-403-1528 | [email protected]

 

SOURCE SC&H Capital

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