.
MergerLinks Header Logo

New Deal


Announced

Completed

Heritage Growth-backed East West completed the acquisition of Universal Electronics.

Financials

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

Tags

Edit

Majority

Private

Single Bidder

remote control

United States

Private Equity

Security Equipment

Friendly

Completed

Domestic

wireless connectivity products

Acquisition

Synopsis

Edit

Heritage Growth-backed East West, a manufacturer of industrial products, completed the acquisition of Universal Electronics, a manufacturer and distributor of preprogrammed universal wireless remote controls, wireless keyboards. Financial terms were not disclosed. “UEI has an incredible reputation for putting its customers first and has an established presence in a variety of high-growth sectors such as medical, industrial, telecommunications and defense. This acquisition allows us to offer our customers even greater domestic, higher mix, lower volume, quick turn electronic manufacturing services. Our collective design, manufacturing and supply chain capabilities will enable us to provide even greater levels of service and support to customers on a global basis," Scott Ellyson, East West Co-founder and CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US