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SEATTLE, WA – Alexander Hutton is pleased to announce the acquisition of its client Collinear Group by Capgemini.
Collinear Group, LLC (“Collinear”, or “the Company”), a leading provider of consulting and business transformation services for the aerospace and defense industry, has been acquired by Capgemini. Capgemini is a global business and technology consulting firm delivering end-to-end services and solutions across a wide array of industries. With the acquisition of Collinear, Capgemini enhances its aerospace consulting service offerings and adds additional presence to serve partners in the Pacific Northwest.
Regarding the transaction, Alexander Hutton Managing Director Tony Richardson said, “Collinear is exactly the kind of company we are proud to represent. We began working with Saul and Alex in 2021, advising Collinear on a key strategic acquisition that helped position the Company for an eventual exit. The acquisition brought on key personnel and digital capabilities that expanded Collinear’s service offerings and led to significant growth. Saul and Alex built something truly differentiated over 15 years and finding the right partner to carry that forward was paramount. Capgemini's global scale and deep engineering capabilities make them an ideal home for the Collinear team, and we are thrilled to have played a role in bringing this transaction together.”
Commenting on working with Alexander Hutton, CEO and Founder Saul Bankaitis said, “Working with Alexander Hutton gave us the confidence to pursue the right outcome rather than simply the fastest one. Tony and his team took the time to understand what we had built, what mattered to us, and what the right next chapter looked like. Their guidance throughout this process was invaluable and we could not be more pleased with where we landed.”
Collinear’s President Alex Ramirez added, “This transaction is the result of 15 years of exceptional work by an extraordinary team. Alexander Hutton helped us navigate a complex process with tremendous professionalism and made sure we never lost sight of what we were trying to accomplish. We are incredibly excited about what we will build together with Capgemini.”
Legal counsel for Collinear Group was K&L Gates LLP. Capgemini was represented by Kirkland & Ellis LLP. 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 Capgemini
Founded in 1967 and headquartered in Paris, France, Capgemini is a global business and technology transformation partner providing consulting, engineering, and digital services to clients worldwide. Through Capgemini Engineering, the company delivers advanced engineering, digital manufacturing, and product development solutions across industries including aerospace and defense, helping clients accelerate innovation and digital transformation.
More About Alexander Hutton
Led by a team of former business operators and executives who have built and sold companies, Alexander Hutton is a boutique, independent, middle-market M&A advisory firm that has completed 234 successful transactions totaling over $4.5 billion in value. We offer a unique understanding of what it takes to run a business and an accessible team dedicated to client service. By running a high-touch, competitive transaction process for each of our clients, we can help them achieve their ideal outcome.