OKLAHOMA CITY, OK – Acorn Growth Companies, a middle-market private equity firm focused on aerospace, defense, and intelligence, has announced its partnership with Tulsa, OK based Folds of Honor. Folds of Honor serves a singular yet critical mission – to provide educational scholarships to the children and spouses of fallen and disabled service members. In 2020, Folds of Honor awarded more than 3,500 scholarships nationwide, of which 196 were awarded locally in Oklahoma. Among the scholarships provided, 41 percent were given to minority students. oklahomacity.foldsofhonor.org
Rick Nagel, Managing Partner of Acorn Growth Companies stated, “Programs that support our veterans and their families while providing educational assistance are needed now more than ever. The families of our veterans have enough stress in a normal year, and during COVID, depression among service men and women are at historic levels. Suicides are up as much as 30%. I could not be more proud to announce this partnership and look forward to providing meaningful, lasting impact to those that have sacrificed so much for the rest of us.”
Acorn Growth Companies firmly believes the education of America’s youth is crucial to the success of our country. “It is our great privilege to partner with Folds of Honor to serve and support our military veterans and the families who have served, sacrificed, and suffered with them,” added Darryl Wilkerson, Senior Partner, Acorn Growth Companies.
“We are grateful for Acorn Growth Companies’ support,” said Lt Col Dan Rooney, CEO and Founder of Folds of Honor.
“Acorn is a patriotic company that is committed to providing educational scholarships to spouses and children of America’s fallen and disabled service members,” Rooney added. “Since 2007, Folds of Honor has awarded approximately 28,000 scholarships totaling over $140 million. With Acorn’s help, we can continue to give qualified students the financial resources they need and deserve.”
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, protect national interests, and develop next-generation intelligence gathering technology. Acorn works in tandem with management to build its portfolio companies into significant market leaders. We are passionate about the aerospace, defense and intelligence industry, passionate about identifying the right fit and passionate about the success of our companies, their customers and our investors. We are committed to providing the best products and services in support of our warfighters, the US military and its partners around the globe – a commitment that is shared by every employee in our family of companies. To learn more about Acorn Growth Companies, visit www.acorngrowthcompanies.com.
About Folds Of Honor
Folds of Honor is a 501(C)(3) nonprofit organization founded in 2007 that provides educational scholarships to families of military men and women who have fallen or been disabled while on active duty in the United States Armed Forces. Our educational scholarships support private education tuition and tutoring for children in grades K-12, as well as higher education tuition assistance for spouses and dependents. Folds of Honor is proud to have awarded more than 28,000 scholarships in all 50 states, as well as Guam, Puerto Rico and the Virgin Islands. For more information or to donate in support of a Folds of Honor scholarship, visit foldsofhonor.org.
Darryl Wilkerson, Acorn
Rick Nagel, Acorn