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New Deal


Announced

Completed

One Equity Partners completed the acquisition of Spartronics from Cerberus Capital.

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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Majority

Single Bidder

Maintenance Repair and Overhaul (MRO)

Private Equity

Acquisition

Friendly

United States

manufacturing services

Completed

Private

Domestic

Synopsis

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One Equity Partners, a middle-market private equity firm, completed the acquisition of Spartronics, a provider of engineering, contract design, manufacturing and aftermarket repair, from Spartron, a defense contractor and contract manufacturer, and Cerberus Capital. Financial terms were not disclosed. “Spartronics is poised to take advantage of new opportunities as major OEMs are increasingly demanding advanced electronics manufacturing services and outsourced solutions in North America and globally. Our investment in Spartronics reflects OEP’s historic focus on acquiring high growth businesses through corporate carve-outs that strengthen growth prospects while ensuring continuity for customers, suppliers and employees," Chip Schorr, OEP Senior Managing Director.

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