Harwood Private Equity completed the acquisition of SMT.

Harwood Private Equity, a private equity firm, completed the acquisition of SMT, a distributor of electronic components and related peripherals. Financial terms were not disclosed. SMT is a supplier of obsolete and hard to find critical electronic components that it locates, tests, certifies and re-sells. SMT’s main focus is on the US Defence & Aerospace Industry which demands the highest in component quality, traceability and inspection documentation for high-reliability applications.