LONDON, September 20, 2011 /PRNewswire/ --
Global DefenceTec Partners (GDTP), the specialist investment arm of Global Strategies Group investing in the defence and technology industries worldwide, today announced that David T. Butler has joined the firm as President of its US practice.
Mr Butler comes to GDTP from leading defence contractor L-3 Communications, where he was Senior Vice President, Business Operations. Whilst with L-3, he led M&A activities in over 100 acquisitions and selected divestitures, and established an outstanding track record for value creation.
In his new position, Mr Butler will be responsible for sourcing new investment opportunities in the defence and technology sectors throughout the United States, and working with prospective investors on portfolio development.
Damian Perl, Chairman and Chief Executive of Global Strategies Group and Founding Partner of Global DefenceTec Partners, said:
"I am delighted to welcome David Butler to the GDTP team. He demonstrated exceptional leadership abilities and an exemplary investment performance at L-3. We look forward to fully utilising these qualities as we seek new investment opportunities in the US. He has a profound understanding of US national security priorities. When combined with his extensive M&A and operational experience, this will allow Global DefenceTec Partners to achieve high growth aligned with the demands of the market."
Mr Butler said:
"Joining Global DefenceTec Partners at this time is an exciting opportunity. I am greatly looking forward to working with Damian and the team, with their excellent reputation as an operator and investor in the defence arena, and to augmenting their considerable investment and operational skills and market knowledge."
In addition to his M&A responsibilities with L-3, Mr Butler managed business risk throughout the corporation, and oversaw multiple corporate functions, including the areas of business development, planning and business integration. Prior to joining L-3, he worked with the Lockheed Martin Corporation in senior finance roles.
Mr Butler is based in Washington D.C.
About Global DefenceTec Partners
Global DefenceTec Partners is a specialist investor in high growth companies in the defence and technology sectors worldwide.
We provide targeted equity investments, management mentoring and partnership to companies with values in the range of $50million to $250million. We focus on companies which address the most critical defence and national security priorities of governments across the world, and with strong leadership and compelling potential for growth. We build value through exceptional sector insight and unparalleled relationships, with a team that combines proven skills across investment finance and operations management with deep domain expertise in the defence and national security sectors.
Headquartered in London and Washington D.C., Global DefenceTec Partners was established as the specialist investment arm of Global Strategies Group, a leading defence and national security organisation with reach across North America, Europe, the Middle East and Asia, giving a worldwide perspective on investment opportunities.
For more information visit http://www.globalgroup-dtp.com
SOURCE Global Strategies Group