Announced
Financials
Tags
Domestic
Friendly
electromagnetic components
Electronic Components and Equipment
Acquisition
Single Bidder
United States
Private
Majority
Private Equity
Pending
Synopsis
Arcline-backed Quantic Electronics, an electronic component company focused on defining and delivering the future of mission-critical electronics, agreed to acquire ECI Transcon Technologies, a manufacturer of custom electromagnetic components. Financial terms were not disclosed. "ECI has seen significant growth over the last few years, and by leveraging Quantic's complementary products and access to potential customers, the company will be uniquely positioned to continue to build upon its success. We are very excited to welcome ECI to the Quantic family," Kevin Perhamus, Quantic Electronics President and CEO.
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