Evercel, a holding company, completed the acquisition of ZAGG, a consumer electronics manufacturer, for $133m. “We are pleased with the value this transaction delivers to our stockholders and believe this is a positive development for all of our stakeholders. We look forward to continuing to serve our customers through exceptional products and continued industry-leading innovation. We are optimistic about our continued growth and the support that will be provided by Evercel,” Chris Ahern, ZAGG CEO.