Pillsbury advised Joint Research and Development (JRAD) in its recent acquisition by Broadtree Partners, a middle-market private equity firm with a specific focus on aerospace, defense, intelligence and federal civilian government services.

With expertise in defense and homeland critical areas, JRAD is a leading provider of test and evaluation services; total life-cycle acquisition support; medical and public health preparedness; and science and technology research and development to government customers including DOD, DHS, and Federal Civilian Agencies.

Joining Sayres Defense, JRAD is the second addition to Broadtree’s Government Contracts (GovCon) portfolio, and will now work together with unified, mission-focused operational and financial leadership.

Click here to read the full company press release.

The Pillsbury deal team included Mergers & Acquisition partner Matt Swartz, Corporate associates Patrick Dolan and Ben Whitlow, Executive Compensation & Benefits partner Jessica Lutrin, Finance partner Joel Simon, Tax partner Nora Burke, Government Contracts & Disputes partner John Jensen and Employment Law special counsel Rebecca Carr Rizzo.