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Synopsis
Continuim Equity Partners, a private equity investment firm, completed the acquisition of MindCore Technologies, a designer and manufacturer of high-voltage and extra-high-voltage switching solutions for electric utility customers. Financial terms were not disclosed. “Our original intention was not to sell, but when you have the chance to meet true partners that share the same set of values, it becomes a natural fit. George and his entire team at Continuim are what they say they are: great people, extremely dynamic, and value-added for our business going forward. MindCore Technologies is now ready to accelerate its flywheel and become the number one high-voltage switching equipment manufacturer in the market,” Philippe Corriveau, MindCore Technologies CEO.
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