Announced
Financials
Sources
Tags
Domestic
Single Bidder
Pending
Friendly
Machinery: Industrial
Acquisition
United States
industrial distribution
Majority
Private Equity
Private
Synopsis
High Road Capital-backed John Henry Foster, a distributor of electrical and pneumatic parts and accessories, agreed to acquire Sensors Incorporated, an industrial distribution company for banner. Financial terms were not disclosed. “We are pleased that Sensors Incorporated and Integration are joining the JHFoster family of companies. This acquisition will provide access to supplier relationships that will continue to offer the best solutions for both company’s customer bases. While Sensors and JHFoster will operate independent of each other, both companies will benefit from the strong intellectual resources that each has developed over the years, and this knowledge sharing will certainly benefit our customers and suppliers,” Nicholas Martino, JHFoster CEO.
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