OKLAHOMA CITY, Okla., July 8, 2020 — Acorn Growth Companies, a private equity firm investing exclusively in aerospace, defense and intelligence, today announced the appointment of Hal Chrisman as president of its portfolio business, Raisbeck Engineering, Inc. headquartered in Seattle, Washington.
“I am very pleased that an individual of Hal’s caliber and talent will be leading Raisbeck through this unprecedented moment in history and into the company’s next phase of innovation and growth,” said Rick Nagel, managing partner of Acorn Growth Companies. “His leadership, experience, fresh insights and extensive knowledge in aerospace and defense will prove to be a tremendous asset to Raisbeck in positioning the company to achieve its long-term strategic goals and expansion into new aircraft markets.”
A seasoned aviation, aerospace and defense professional with over 34 years of experience in the industry, Chrisman has split his time between consulting and executive level industry positions which span all major market segments including business aviation, commercial air transport, defense, and rotary wing. Most recently, Chrisman was Chief Strategy Officer with Acorn Growth Companies.
“It’s a pleasure to join the Raisbeck team and I look forward to leading this great group of experienced professionals,” said Chrisman. “Raisbeck is known for delivering the highest quality of innovative performance enhancements for business and commercial aircraft that enrich our customers’ flight experience. Together we will continue to build on that legacy by delivering the very best in technology advancements.”
Prior to joining Acorn, Chrisman served in several leadership roles within Aerospace and Defense Consulting and MRO companies, including ICF’s Aerospace & MRO practice, AeroStrategy and Pemco Aviation Group. He started his career as a project engineer with Williams International, a leading gas turbine Original Equipment Manufacturer (OEM), working the cruise missile engine program and leading the development of the Sub-system Power Unit for the Comanche Helicopter.
Chrisman holds a Bachelor of Arts degree from Hanover College and a Bachelor of Science degree in Engineering from Texas A&M University along with an MBA from the University of Michigan.
About Raisbeck Engineering, Inc.
Raisbeck Engineering, Inc. an Acorn Growth Aerospace and Defense company, is a leading provider of aircraft modifications for business and commercial aircraft. Dedicated to improving performance and efficiency for aircraft owners, Raisbeck’s aerodynamically designed enhancements deliver better performance results and improve passenger comfort. For more information about Raisbeck Engineering’s list of products, please visit www.raisbeck.com. Stay connected with Raisbeck online through Facebook, Twitter, and LinkedIn.
About Acorn Growth Companies
Acorn Growth Companies is a middle market private equity firm focused exclusively on Aerospace, Defense and Intelligence. Acorn invests solely in operating companies that strive to enhance global mobility and protect national interests. Acorn has a formidable reputation in the industry and is recognized for its deep understanding of the Aerospace & Defense markets, with proprietary access to the best companies within these sectors. With operational expertise and its ability to lead and manage investments through variable economic and industry cycles, Acorn works in tandem with management to build its portfolio companies into significant market leaders. AcornGrowthCompanies.com
