Freeman Spogli completed the acquisition of Galco Industrial Electronics.

Freeman Spogli, a private equity firm, completed the acquisition of Galco Industrial Electronics, a distributor of MRO industrial electronic components. Financial terms were not disclosed. "We are thrilled to announce our partnership with Galco. Mike Conwell and the rest of the Galco management team have done a terrific job of building the business through partnerships with vendors within both existing and new product categories as well as through strategic acquisitions. We are excited to support Galco as long-term investors in the Company," Jon Ralph, Freeman Spogli Partner.