Acorn Growth companies, a private equity firm investing exclusively in aerospace, defense and intelligence, has appointed Donald DiFrisco as the new president of its portfolio business, Telecommunications Support Services Inc. (TSS) headquartered in Melbourne, Florida, the company said.
DiFrisco is a chief executive with demonstrated expertise in operations and finance within the defense electronics and high-tech industries. He has served as the CEO, COO and CFO of several high-growth companies, including International Surveillance Technology and Cross Match Technologies, among others. He has a track record of success in teams through rapid change by incorporating Lean Six Sigma methods at all levels.
Telecommunications Support Services Inc (TSS), An Acorn Growth company, is the provider of innovating high-quality, responsive, and cost-effective technical services supporting the defense electronics industry. Founded in 1991, TSS´s designs have been incorporated into radar systems by some of the most powerful aerospace and defense brands in the world, including Northrop Grumman, Lockheed Martin, among others. www.TSSIncorp.com
Acorn Growth companies is a middle market private equity firm focused exclusively on Aerospace & Defense. 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.