Acorn Growth Companies Adds Aerospace Business Development Veteran

OKLAHOMA CITY--(Business Wire)--
Acorn Growth Companies announced today that Todd Barnett has been appointed to
the position of Vice President of Business Development for the firm`s operating
entity - AGC Aerospace & Defense.

Barnett will be based in Acorn Growth Companies` Salt Lake City, Utah office and
support the firm`s portfolio of aerospace and defense companies through advanced
training, business capture and process improvement of the business development
function.

"We are pleased to welcome Todd to our team. He has a proven track record of
success in business development and an extensive network of key industry
decision makers," said Jeff Davis, Partner of Acorn Growth Companies. "A
professional approach to business development in small and middle market
companies can have a profound impact on revenue, profitability and
sustainability. Todd`s role will be to ensure that each portfolio company is
maximizing its business development function for efficiency and effectiveness."

The presence of numerous aerospace composites firms and Hill AFB make the choice
of a Salt Lake City office location important and strategic for AGC Aerospace &
Defense according to Davis.

Prior to joining AGC Aerospace & Defense, Barnett was Vice President of Shipley
Associates' Business Development Consulting business. He oversaw the business
development campaigns of several tier one and two aerospace, defense, IT, and
professional services firms. He also worked extensively with small businesses,
training and coaching them on how to initiate and capture large DoD and OEM
programs.

Acorn Growth Companies, based in Oklahoma City is a private equity firm focused
exclusively on Aerospace and Defense opportunities. Today, the firm has over
$100 million under management and operating companies across the United States
with operations worldwide-all under its primary banner, AGC Aerospace & Defense.

For more information visit Acorn on the web at www.acorngrowthcompanies.com.

Acorn Growth Companies
Jeff Davis, 405-737-2676

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