One Equity-backed Spartronics completed the acquisition of Inovar.

One Equity-backed Spartronics, a contract manufacturer of complex electronic and electromechanical devices, completed the acquisition of Inovar, a provider of engineering, manufacturing, product assemblies and aftermarket services. Financial terms were not disclosed. “We are thrilled to accelerate the growth of Spartronics by identifying and completing the transformational acquisition of Inovar, a deal that reflects OEP’s strategy of transforming middle market businesses into market leaders,” Chip Schorr, OEP Senior Managing Director.