Four Decades of Innovative, Insightful, Reliable Advice to Aerospace, Defense & Government Investors and Corporate Clients

CSP advises Reagan White House on first U.S. commercial space policies

CSP supports President Reagan’s 1984 State of the Union address announcing plans to develop an International Space Station, testifies before Congress, and advises NASA’s Office of Commercial Space Policy on the development of the first U.S. commercial space policies.

CSP partners in the development of SPACEHAB – the first company to develop, own and operate crewed space vehicles

In December 1995, Spacehab becomes the first commercial space company to IPO. Between 1993 and 2007, Spacehab modules fly 22 missions aboard the U.S. Space Shuttle fleet, conducting experiments, supporting construction of the International Space Station (ISS), and transporting ISS payloads from Earth to orbit.

CSP establishes Tel Aviv office

CSP assists the leading Israeli contractors to develop indigenous space and missile defense capabilities.

CSP launches Space with investment bank L.F. Rothschild, providing the first regular analysis of commercial space investment opportunities

Space becomes a monthly publication, later sponsored by Shearson Lehman. This publication introduces CSP to U.S. investment banking and senior financing markets.

CSP Japan Established

CSP partners with Shimizu Construction Corp. to create Japan’s first space consulting firm, serving Japanese industry and government clients. Over the next decade, CSP Japan establishes itself as the leading provider of commercial and civil space advisory services in Japan.

Company name changed to CSP Associates

CSP broadens its advisory roles to include aviation, defense and government sectors and expands its geographic footprint to include clients in Western Europe.

CSP supports the first leveraged buyout of a U.S. defense contractor

CSP participates in the earliest defense sector private equity investments by The Carlyle Group and other sponsors and is frequently engaged by senior financing sources to support credit commitments to underwrite PE-sponsored ADG transactions.

CSP develops commercial business model to diligence government contractors, adopted as the industry standard

Creates and refines a diligence methodology to assess contractor-addressed programs and platforms, mission, funding and customer procurement dynamics; structured to enable private equity sponsors and institutional lenders to value, negotiate and finance industry transactions.

CSP Equity Partners Established

CSP Equity Partners is a minority co-investment vehicle investing in private equity-owned businesses where CSP has provided diligence advisory services.

CSP becomes the leading provider of commercial diligence advisory services to private equity investors in the ADG sectors

Advises on earliest private equity industry transactions:

• Vought Aircraft (1992)
• GD Electronics (1992)
• Magnavox Electronic Systems (1993)
• Anteon (1996) United Defense (1997)
• Lear-Siegler (1997)
• Southwest Marine (1997)
• EG&G (1999)

CSP advises on largest acquisition of a U.S. defense company by a foreign buyer

BAE Systems’ $2.2 billion acquisitions of Lockheed Martin Aerospace Electronic Systems (‘Lockheed-Sanders’) and Lockheed Martin Controls.

CSP advises on more than $10 billion of completed transactions since 1990

Includes more than 50 completed deals, mainly for U.S. private equity buyers.

CSP supports creation of Sentient Jet predecessor company eBizJets, which grows to become the largest U.S. business jet charter provider

CSP principal assumes executive leadership role; CSP arranges multiple institutional capital raises, transitions company to professional management team.

CSP expands advisory business to become the leading ADG commercial diligence provider to U.S., Canadian, European and Middle Eastern private equity sponsors

CSP advises sponsors in France, Germany, Spain, Italy, Canada, UAE, and UK.

CSP advises on more than $35 billion of completed transactions over prior 5-year period, and more than $55 billion of completed deals since inception of CSP transaction advisory practice in early-1990s

Cumulative CSP transaction volume and enterprise value more than triple in 2005-2010 5-year period compared with prior five years.

CSP engaged in many of the largest M&A transactions in the ADG sectors.

CSP advises on 40-50 ADG transactions annually for clients in the U.S., Canada, Western Europe, East Asia and the Middle East

CSP surpasses 1,000 M&A advisory engagements with enterprise values from $50M to $5B for more than 100 private equity and corporate clients.

Includes many landmark PE and strategic deals of the past 15 years:

• Carlyle Group / Booz Allen Hamilton
• Finmeccanica / DRS
• URS / Washington Group International
• Cerberus / DynCorp
• Permira / Asia Broadcast Satellite
• Providence Equity / SRA International
• Carlyle Group / Landmark Aviation
• CACI / Six3 Systems
• Madison Dearborn Partners / LGS
• Veritas Capital / Anaren
• Airbus / Dassault Aviation
• GKN Aerospace / Fokker Aerospace
• Bridgepoint / Element Materials
• Towerbrook / Aernnova
• Odyssey / CPI
• Carlyle Group / Standard Aero
• Agilitas / TenCate Advanced Armour
• Blackstone Group / Signature Aviation
• Safran / Orolia

Cumulative enterprise value of completed CSP deals exceeds $100 billion over approximately 300 transactions since early 1990s

CSP engaged to advise on more than 1,000 transaction engagements, average of 40-50 deals per year over the past two decades.