AE Industrial Partners acquires NuWave; hires former Peraton executives

By Marjorie Censer / June 23, 2020 at 2:25 PM

Private-equity firm AE Industrial Partners said this week it has acquired NuWave Solutions, which specializes in data management, advanced analytics, artificial intelligence and cloud solutions for government agencies.

Terms of the deal were not disclosed, and AEI said NuWave will be a standalone platform.

The private-equity firm has named Reggie Brothers chief executive of NuWave and Michael Buscher chief growth officer. Mark Keyser, a founder of NuWave, will remain with the company as an adviser to the board of directors.

Brothers was chief technology officer at Peraton. He previously served as undersecretary of science and technology at the Department of Homeland Security and as deputy assistant secretary of defense for research at the Pentagon.

Buscher was vice president of intelligence and special operations at Peraton. He also founded Vanguard Defense Industries.

"As Chief Growth Officer, Mr. Buscher will help expand NuWave's reach to the defense and intelligence communities," AEI said.

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