Experienced Controller Joins Acorn Growth Companies

Acorn Growth Companies, a global private equity firm focused on aerospace & defense, announced that Aaron Penix, MBA, CPA has joined the firm as its controller.  Penix is a 14-year industry veteran with expertise in analytical financial reporting and forensic accounting.

“Aaron is a welcome addition to the Acorn financial team and we are pleased to have him join the firm,” said Jeff Morton, CFO for Acorn.  “His accounting and finance background will provide us with the support we need as we continue to experience tremendous growth of our portfolio.”

Penix will manage the company’s financial plans, accounting policies and procedures, and the fidelity of its fiscal records and financial reports.  He will report directly to vice president of finance, Dale Jordan. 

“It is very rewarding and challenging to join an organization experiencing such growth,” stated Penix.  “This is an exciting opportunity to continue my career in the aerospace and defense industry.”

Penix is a long time Oklahoma resident, starting his career at Advanced Academics and earning his MBA at Oklahoma City University.  He recently served in a forensic accounting role related to energy litigation for Barnes & Lewis LLP.  His previous controller experience includes supporting a $600 million joint venture and IPO.

About Acorn Growth Companies
Acorn Growth Companies owns and/or controls investments under the brand AGC Aerospace & Defense, which is a global supplier of technologies, systems and services that support key commercial and military programs. Capabilities within the AGC Aerospace & Defense portfolio range from financing, engineering, and integration services to manufacturing, logistics, and aircraft modifications. AGC Aerospace & Defense is organized into four operating groups: Composites, Finance, Integrated Defense, and Services.

For additional information about Acorn Growth Companies, please visit www.acorngrowthcompanies.com

Johnny Lantz, Director of Marketing & Communications
AGC Aerospace & Defense
Phone: (405) 737-2676 ext. 2012
Email: jlantz@agcaerospace.com

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