Monterey Technologies Enters New Era with Leadership-Led Management Buyout

Backed by four decades of mission-critical engineering, MTI’s leadership reaffirms commitment to innovation and continuity through internal ownership.

Monterey Technologies Charts Independent Future with Management Buyout

UT, UNITED STATES In a bold and strategic move, Monterey Technologies, Inc. (MTI) has announced the successful completion of a management buyout (MBO), transitioning ownership to a group of existing employees led by the current executive leadership.

This internal acquisition—effective July 15—positions MTI to strengthen its operational agility while ensuring stability for clients, partners, and employees. The buyout enables continuity of the company’s 40+ years of excellence in user-centered engineering, human factors, UX/UI software, and mission-critical system development.

A Seamless Shift, Same Trusted Excellence

CEO Doug Cherry emphasized that the transition was designed to be invisible to clients but invaluable to the company’s vision.

“This is a seamless event for our teammates, our partners, and our customers,” said Cherry. “It reaffirms our commitment to delivering world-class, user-centered solutions while positioning MTI for an even more dynamic future.”

He assured stakeholders that MTI’s standards, team, and project delivery will remain unchanged, while the new ownership structure empowers the company to scale more effectively, explore new opportunities, and retain its cultural integrity.

Why This Matters

With the management buyout, MTI:

Strengthens its independence and long-term strategic planning
Empowers employees with ownership, enhancing commitment and innovation
Maintains consistency in mission-critical client projects, particularly in the Department of Defense, aerospace, and military sectors

By keeping the company in the hands of those who built it, MTI ensures that its values, quality, and client trust remain intact.

About Monterey Technologies, Inc.

Monterey Technologies, Inc. is a premier engineering and design firm that has provided human factors engineering, user-centered system design, and advanced UX/UI solutions for some of the most complex and critical systems in operation today. With a reputation for excellence across defense and aerospace sectors, MTI has continually enabled its partners to maximize system performance and mission success.