Announced
Financials
Tags
Domestic
Friendly
Acquisition
Telecommunications Equipment
Private
antenna systems
United States
Minority
Pending
electronic components
Single Bidder
communication subsystems
Private Equity
Synopsis
The Jordan Company, a middle-market private equity firm, agreed to invest $1.28bn in Communications & Power Industries, a global manufacturer of electronic components, subsystems, and antenna systems for communications, government, and medical markets, from Odyssey Investment Partners, a middle-market private equity firm. "At CPI, we are focused on accelerating innovation, by designing and manufacturing products that empower our customers both to implement and support today's advanced systems and to develop and create the groundbreaking systems of tomorrow. TJC supports our vision for growth, and their operational expertise will be invaluable as we continue to scale our business. We are thrilled to welcome a partner that shares our mission of delivering dependable, best-in-class technology solutions," Bob Fickett, CPI CEO.
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