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New Deal


Announced

Completed

East West Manufacturing completed the acquisition of SureTech Assembly.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Majority

Single Bidder

Private

testing and rework services

Machinery: Industrial

Friendly

United States

manufacturing

Completed

Synopsis

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East West Manufacturing, a global design, manufacturing and distribution business, completed the acquisition of SureTech Assembly, a specialized provider of manufacturing, assembly, testing and rework services related to wire and cable interconnects and harnesses, electromechanical assemblies and box builds. Financial terms were not disclosed. “We found the perfect partner with SureTech to expand our existing manufacturing operations in the Raleigh area.SureTech has a longstanding reputation for putting its customers first. This acquisition allows us to offer our customers even greater domestic, higher mix, lower volume, quick turn electronic manufacturing services, with a focus on specialized wire and cable interconnects and harnesses. Best of all, our collective design, manufacturing and supply chain capabilities will enable us to provide even higher levels of service and support to customers on a global basis,” Scott Ellyson, East West Co-founder and CEO.

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