News & Resources
SEATTLE, WA – Alexander Hutton is pleased to announce that its client, Collinear Group has acquired longtime partner Xylariam.
Collinear Group, LLC (“Collinear”), a leading provider of consulting and business transformation services for the aerospace and defense industry, has completed its acquisition of Xylariam, LLC (“Xylariam”), a digital solutions company specializing in strategy, design, and development of modern software applications and platforms for enterprises. This acquisition allows Collinear to enhance its customers’ digital transformation and product development initiatives. Xylariam’s cutting-edge digital capabilities diversify and expand Collinear’s portfolio of solutions. The two companies have shared a close relationship for several years and will combine their offerings to bring the best of their collective offerings to the aerospace and defense industry.
Regarding the transaction, Alexander Hutton Managing Director Tony Richardson said, “We are very pleased to have advised Collinear Group on its acquisition of Xylariam. Collinear continues to grow within the aerospace consulting industry through a combination of organic growth and strategic acquisitions. Given the strong alignment and natural fit between the two companies who have a long history of partnership, we were thrilled to assist Collinear throughout this acquisition.” Commenting on the work of Alexander Hutton, Collinear Group CEO and President Saul Bankaitis said “The Alexander Hutton Team was instrumental in completing this transaction. They were always accessible and provided necessary structure and expert guidance throughout the process.”
Legal counsel for Collinear Group was Cairncross & Hempelmann, and Xylariam was represented by 3D Law. The financial terms of the transaction were not disclosed.
MORE ABOUT COLLINEAR GROUP
Headquartered in Renton, Washington, Collinear Group is committed to being a market leader in providing innovative advisory, engineering, and digital solutions across the entire value chain of the aerospace and defense industry. From design and certification to manufacturing and aftermarket operations, Collinear Group’s unique blend of fast-track innovation, digitally integrated methods and regulatory experience has proven critical for today’s complex and competitive aerospace and defense market.
MORE ABOUT XYLARIAM
Headquartered in Mill Creek, Washington, Xylariam delivers purpose-built software applications and platforms by using production-proven development teams with decades of experience. The Company has a strong track record of designing, developing, and implementing quality software solutions for startups to Fortune 50 companies.
MORE ABOUT ALEXANDER HUTTON
With 220+ completed transactions, Alexander Hutton is a highly established middle-market investment banking firm with deep relationships in the Northwest. Since 1986, Alexander Hutton has advised its clients with the skill of seasoned investment bankers and the empathy and understanding of former business operators. The firm’s clients are in a variety of industries that reflect the Northwest’s worldwide expertise in manufacturing, technology, services, healthcare, & logistics. Alexander Hutton is a very proud member of the Northwest region and puts great value in its local connections and nurturing of its community from all levels of the firm.