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Announced

Completed

OEP-backed Spartronics completed the acquisition of Primus Technologies.

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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United States

Private

Friendly

Private Equity

Majority

Domestic

Single Bidder

Engineering Consulting

Completed

testing services

Acquisition

Test Inspection and Certification (TIC)

Synopsis

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One Equity Partners-backed Spartronics, a provider of contract manufacturing and design services, completed the acquisition of Primus Technologies, a provider of engineering, manufacturing and testing services of circuit card assemblies and box builds for original equipment manufacturers. Financial terms were not disclosed. “The decades of precision engineering expertise Primus brings, coupled with its excellent logistic capabilities and relationships with major U.S. defense contractors strengthens Spartronics’ ability to design industry-specific solutions for a diverse range of manufacturers serving different end markets,” Chip Schorr, OEP Senior Managing Director.

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