Apache Enterprises Announces New Ownership

FOR IMMEDIATE RELEASE

Apache Enterprises, Inc. of Grand Prairie, Texas has been acquired by Dallas-based private equity firm Sowell & Company. Subsequent to the acquisition, Dennis Tewell has been named President and CEO.

Established in 1975, Apache Enterprises specializes in the design, fabrication, testing and distribution of complex replacement and retrofit components for military and commercial aircraft. The company offers an extensive line of products including airframe parts, night vision imaging (NVIS) lighting systems and avionics integration kits for major aerospace suppliers.

Mr. Tewell has extensive management experience at aggressively growing companies. Prior to private industry leadership roles, Mr. Tewell spent 25 years in the United States Air Force achieving the rank of Colonel. His service included being a Command Pilot and various high level military positions.

According to Mr. Tewell, “This is an exciting time for Apache employees and our customers. Partnering with Sowell & Company allows us to expand the scope of our operations while continuing to deliver world-class products and services to our customers.”

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Point of Contact: Lisa Richardson, General Manager, lisar@apachenightvision.com.

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