Leading Advanced Defense System Designer with State-of-the-Art Design, Analytical, and Manufacturing Capabilities

Despite its world-class engineering and design capabilities, Frontier Systems was truly a development stage company. At the time, its Vertical Takeoff and Landing (VTOL) UAVs were not in full production and, while highly valuable, the technology was still emerging and unproven. As expected, shareholders were intensely focused on confidentiality and secrecy given that the intellectual property had important standalone military UAV applications and myriad uses outside of UAVs.
 

Janes Capital Partners created and managed a comprehensive auction process involving a broad list of prospective buyers. By positioning the company as a growth opportunity that specialized in the future of military equipment for unmanned platforms, our professionals generated significant competitive tension among several major prime contractors. Our disciplined process and diligence management included controlled and buyer-specific release of sensitive information which helped maintain strict confidentiality and the release of information on a need-to-know basis.

Janes Capital Partners created and maintained a highly competitive auction process for Frontier Systems. The significant competitive tension resulted in a number of upward purchase price revisions ensuring that shareholders realized full value for the company. Simultaneously, our senior bankers were involved in every step of the negotiation to ensure that legal terms and conditions were attractive and post-closing risk was minimized.