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Synopsis
ITT, a manufacturer of highly engineered critical components and customized technology solutions, completed the acquisition of kSARIA, a producer and supplier of mission-critical connectivity solutions, from Behrman Capital, a private equity investment firm, for $475m. "Behrman Capital has been an excellent partner to the kSARIA team,. Their vision for the company's growth strategy and approach to due diligence on acquisition candidates added a tremendous amount of strategic value that enabled us to offer an increasingly deep portfolio of highly customized connectivity solutions to our customers, who require the highest quality products to meet their mission-critical needs," Tony Christopher, kSARIA CEO.
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