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Announced

Revolution Capital Group to acquire Contec from Garrison Investment Group.

Synopsis

Revolution Capital Group, a middle market focused global private investment firm, agreed to acquire Contec, a electronic repair and cosmetic refurbishment services provider, from Garrison Investment Group, a middle market credit, distressed and asset based investor. Financial terms were not disclosed. "We had a long and fruitful relationship with Garrison Investment Group and thank them for all the support over these past 10 years. We are very excited to have new ownership that shares our vision for the future of Contec and believe the Revolution Capital Group Team are a perfect fit for us," Joe Joy, Contec CEO.

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