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.
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.
With the management buyout, MTI:
By keeping the company in the hands of those who built it, MTI ensures that its values, quality, and client trust remain intact.
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.
The Marcus Evans 2nd Edition Model Risk Management, Canada conference taking place in Toronto, Canada…
Economists say Shanghai is strengthening its role as China’s reform engine, accelerating innovation and global…
U.S. shoppers are set to spend nearly $80 billion this Black Friday and Cyber Monday,…
Waiken has unveiled a US$450 million investment plan through 2031 to strengthen its entertainment and…
A new Transamerica report reveals how American middle class is navigating retirement planning amid financial…
Switzerland leads the Global Investment and Resilience Index, outperforming major economies in its ability to…