Suppliers to Security Forces
Diamondback Tactical has learned a lesson or two about the inherent challenges of a rapid ramp up.
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Recapitalization
Beck and Huitt want to transition the company from a direct marketer to a full-scale government contractor. To help that process, Diamondback recently underwent a market recapitalization.
“We brought this company to a level where we’ve been able to provide a great return for our initial investors and recapitalize the company with new investors,” Beck says. “[The recap] was not an easy road because of my pickiness of who the next investors would be. It was very important to me that they be focused and passionate about the business … and not just the financial side of the business.”
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Reported Donna Loyle
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