Announced
Financials
Tags
Private Equity
Acquisition
Private
Friendly
Pending
Electronic Equipment: Gauges and Meters
temperature control
United States
Single Bidder
Synopsis
TE Connectivity, a global industrial technology company, acquired Alpha Technics, producer of precision temperature measurement solutions, from Gen Cap America, a private equity firm focused on lower middle market buyouts. Financial terms were not disclosed. "This transaction further establishes TE as a sensor technology leader for the medical market. Our existing sensor product offering, coupled with Alpha Technics' reputation and solutions, positions TE with a broad range of innovative, proven products and technologies to serve this demanding, high-growth space. We look forward to welcoming Alpha Technics' talented team to TE," said John Mitchell, senior vice president, and general manager of TE sensors business.
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