Announced
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.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.