Capitol Meridian Partners: Buy Box & Recent Acquisitions

At a glance

Latest fund	Capitol Meridian Fund II, $1.9B (Jul 2026) S7
EBITDA range	$5M to $75M S3
Check size	$50M to $250M S3
Deal types	Platform, Growth S3
Geography	North America S3
Sectors	IT Services & MSP, Cybersecurity, Software & SaaS, Industrial & Manufacturing, Transportation & Logistics

What Capitol Meridian Partners buys

Capitol Meridian Partners is a Washington, DC investment firm started in 2021 by Adam Palmer and Brooke Coburn, who had worked together at The Carlyle Group for more than 25 years. It invests where government and commercial markets meet: aerospace and defense, aviation services, government services and IT modernization, cybersecurity, and software for government contractors and regulated industries. In July 2026 it closed its second fund at its $1.9 billion hard cap.

For new platforms it targets $5 million to $75 million or more of EBITDA and equity checks of $50 million to $250 million or more, which it can invest up front or over time. Deals are control-oriented buyouts, growth investments and corporate carve-outs, mostly for companies based in North America. Founder and family businesses are a regular source: LAUNCH was founder-led and RH Aero had been run by one family since 1967, and in both the owners kept significant stakes. A company below its size floor is most likely to meet Capitol Meridian as an add-on, as when Clarity Innovations merged with Chameleon Consulting Group in 2024.

Recent deals

Announced in the 24 months before October 20, 2026.

Date	Company	Type	Sector	Source
Sep 2026	RH Aero SystemsSigned deal for the Ohio aviation tooling and ground support equipment maker; the founding family remains a significant investor	Platform	Industrial & Manufacturing	Source
Jul 2026	Capitol Meridian Fund IIClosed at the $1.9 billion hard cap, 50% above target	Fund close		Source
Jul 2026	Westway EnterprisesProvider of accredited classified workspace for defense and intelligence users; the CEO continues to lead it	Platform		Source
Jan 2026	TechnoMile and SIMS SoftwareCombined a government contracting software company with an industrial security software provider	Platform	Software & SaaS	Source
Sep 2025	BeaufortAgreed carve-out of Survitec's military survival equipment division, alongside Stellex Capital Management	Platform	Industrial & Manufacturing	Source
Feb 2025	LAUNCHMajority investment in a founder-led aviation technical services and workforce provider; management keeps a significant stake	Platform		Source

Portfolio by sector

From the firm's portfolio page S5.

Aviation Services

PrimeFlight Aviation Services Current

Aviation Support Equipment and Services

RH Aero Current

Commercial Aviation - Technical Services

LAUNCH Current

Defense Products

Beaufort Current

Defense Technology

Parry Labs Current

Federal Government Services and Technology

LMI Current

Government Contracting Software

TechnoMile Current

National Security Critical Infrastructure

Westway Enterprises Current

National Security Services and Technology

Clarity Innovations Current

State and Local Software and Technology

Altumint Current

Greymont’s take

How Capitol Meridian Partners fits a seller

Capitol Meridian suits owners of established defense, aviation, government services and government technology companies who want a specialist buyer that already understands federal contracting, security clearances and aviation rules. Its checks start around $50 million, so it is a buyer for sizable businesses rather than small contractors. In its recent founder and family deals, sellers kept a real stake: LAUNCH's management kept a significant share in February 2025, and RH Aero's family shareholders stayed significant investors in the September 2026 deal.

The firm leans on a bench of operating partners and has put new board chairs in place at LAUNCH and Westway. An owner should ask what role the founder will have after closing, which operating partner would work with the company, and how the firm thinks shifts in federal budgets could affect the plan for the business.

Questions owners ask

What size company does Capitol Meridian invest in?

For new platform investments it targets $5 million to $75 million or more of EBITDA, with equity checks of $50 million to $250 million or more, invested either up front or over time.

Does Capitol Meridian work with founder or family-owned businesses?

Yes. LAUNCH was founder-led when Capitol Meridian bought a majority in February 2025, and RH Aero had been led by the same family since 1967. In both deals the existing owners kept significant stakes.

What is Capitol Meridian's latest fund?

Capitol Meridian Fund II closed in July 2026 at its $1.9 billion hard cap, about double the size of its first fund. Roughly $100 million came from the firm's affiliates, and nearly 90% of Fund I investors committed again.

Sources

S1Capitol Meridian Partners home page Accessed October 20, 2026
S2Capitol Meridian: About and History Accessed October 20, 2026
S3Capitol Meridian: Target Sectors & Investment Criteria Accessed October 20, 2026
S4Capitol Meridian: Our Approach Accessed October 20, 2026
S5Capitol Meridian: Portfolio Accessed October 20, 2026
S6Capitol Meridian: News Accessed October 20, 2026
S7Capitol Meridian Partners Raises $1.9 Billion for Second Fund; Hits Hard Cap (July 20, 2026) Accessed October 20, 2026
S8Capitol Meridian Partners Makes Strategic Investment into LAUNCH (February 4, 2025) Accessed October 20, 2026
S9Capitol Meridian Partners to Make Strategic Investment into RH Aero Systems (September 29, 2026) Accessed October 20, 2026
S10Clarity Innovations Merges with Chameleon Consulting (June 10, 2024) Accessed October 20, 2026

Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Capitol Meridian Partners. Figures are as reported on the dates shown and may have changed. Request a correction