Announced
Completed
Financials
Tags
Friendly
electrical appliances
Private Equity
inductors
Acquisition
Majority
Completed
Electrical Components
United States
transformers
Domestic
Private
Single Bidder
Synopsis
The Jordan Company-backed iNRCORE, a manufacturer of magnetic components, completed the acquisition of Gowanda Components Group, an electronics components manufacturer, from Addison Capital Partners, a private equity firm. Financial terms were not disclosed. "iNRCORE and Gowanda are both engineering, customer and culturally-focused businesses. Bringing the two businesses together will result in a more comprehensive set of solutions for our customers. We look forward to supporting Sarah Harris and the iNRCORE and Gowanda teams alongside Addison Capital," Erik Fagan, The Jordan Company Partner.
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