Announced
Completed
Synopsis
Torque Capital Group-backed Cablecraft Motion Controls, a manufacturer of control cable fittings and hardware to create motion control solutions, completed the acquisition of the Wholesale Distribution and Custom Manufacturing Service businesses of Instrument Sales & Service, a manufacturer of household appliances and electrical and electronic products. Financial terms were not disclosed. "ISS is a premier brand manufacturing and distributing motion control products with a reputation for engineering and product reliability. Through the combination of exceptional people, electromechanical and mechatronic product offerings and e-commerce distribution through PartDeal.comTM, ISS is poised to provide significant benefit to our valued customers while creating meaningful growth opportunities," Dan Pappano, Cablecraft CEO.
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