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Announced

Completed

The Jordan Company-backed iNRCORE completed the acquisition of Gowanda Components Group from Addison Capital Partners.

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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Friendly

electrical appliances

Private Equity

inductors

Acquisition

Majority

Completed

Electrical Components

United States

transformers

Domestic

Private

Single Bidder

Synopsis

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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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