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Pacific Monument Acquisition Corp

Pacific Monument Acquisition Corp. (“PMAC”) is a special purpose acquisition company (“SPAC”) formed in October 2011 for the purpose of acquiring, through a merger, capital stock exchange, asset acquisition, stock purchase or other similar business combination, one or more businesses or entities in the global security and defense sectors. PMAC intended to raise up to $46m in equity in its 2012 IPO.

The global security and defense sector is one of the most rapidly innovating industries in the world. New technology implementation is creating significant economies of scale for providers of security services and products. The public sector is increasing its total expenditure on these technologies to improve both internal security and national defense. According to Morgan Keegan and Frost and Sullivan, the Global Security and Defense Market is set to grow at an annual rate of 7% per year reaching nearly $400 billion by 2013, with spending increases from the government and commercial sectors driving growth.

PMAC capitalizes on the significant security and defense industry and private equity investing experience and contacts of Monument Capital Group LLC and Pacific Capital Partners & Associates Limited. Monument Capital Group is a Washington, D.C.-based private investment firm that originates, structures and is an equity investor in buyouts, strategic or control equity investments, equity private placements and growth capital financing in the homeland security and defense sector.

Monument Capital Group was founded by veterans of private equity and the security and defense sector, including Robert J. Dunn, our Executive Chairman of the Board, a former senior member of the Carlyle Group, and Douglas Baker, our Secretary, Treasurer and member of our board of directors, a former senior member of the White House Homeland Security Council. Similarly, Pacific Capital Partners & Associates Limited is a London and New York-based private investment and advisory firm that originates, structures and is an equity investor in buyouts, strategic or control equity investments, equity private placements and growth capital financing.

Pacific Capital Partners & Associates Limited is an active and strategic investor, balancing solid business disciplines with entrepreneurial expertise, leveraging its international network to accelerate portfolio company growth. Pacific Capital Partners & Associates Limited includes a number of public equity market veterans, including its founder, Jonathan Mitchell, our Chief Executive Officer and member of our board of directors, who is a former portfolio manager of Cullen Investments.

In addition, PMAC also benefits from the collective expertise of the Advisory Boards of both Monument Capital and Pacific Capital Partners, including:

  • James Baker III (Monument): Former Secretary of State and Secretary of Treasury,
  • Frank Carlucci (Monument): Former Secretary of Defense and the Chairman Emeritus of the Carlyle Group
  • Thomas F. McLarty, III (Monument): Former White House Chief of Staff
  • Mustafa V. Koc (Monument): Chairman of Koc Holdings.
  • Mark Klein (Pacific): Former chairman of Ladenburg Thalman & Co. Inc., Chief Executive Officer of Alternative Asset Management Acquisition Corp., Chairman and Chief Executive Officer of 57th Street Acquisition Corp.
  • Rob Hersov (Pacific): Former director of Shine Media Acquisition Corp., Endeavor Acquisition Corp., Victory Acquisition Corp. and Triplecrown Acquisition Corp; former vice chairman of NetJets Europe
  • Ed Hanson (Pacific): Former director of Triplecrown Acquisition Corp.
  • Andrew Malloy (Pacific): Former director of Wisdom Tree Asset Management and Chief Investment Officer of TAG Associates.
  • Michael Tew (Pacific): Former founder of SPAC Research Partners LLC, an independent research and advisory firm that has provided in depth analysis, analytical consulting and transaction advice on over 100 blank check company transactions.