NEW YORK, February 29, 2024 DLA Piper advised Arlington Capital Partners (Arlington), a Washington, DC-area private investment firm specializing in government regulated industries, in the formation of Keel Holdings, (Keel), a leading manufacturer of complex structures for the highest priority programs within the Navy, Army, and Air Force. The company was formed through the merger of existing Arlington portfolio company Pegasus Steel with the newly completed acquisitions of Metal Trades and Merr
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According to the Eastern District of Michigan U.S. Attorney's Office, the company falsely overstated cost or pricing information in a proposal contract.
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