The Altus approachto growth is
to create long-term value

May 20, 2010
Dow Jones/LBO Wire featured Altus Capital Partners' sale of Gichner Holdings, Inc. to Kratos Defense & Security Solutions

The article discussed the successful sale of Gichner less than three years after Altus Capital Partners’ investment, stating a 6.5 times cash-on-cash return as a result of the deal.  Altus Managing Partner Russell Greenberg was quoted as stating that Altus bought a majority stake in parent Gichner Systems Group in July 2007 when the company had $48 million in annual revenue.  Revenues were increased to about $149 million last year, thanks to strong organic growth and the 2008 purchase of Charleston Marine Containers Inc.