Sound Growth Partners Acquires ATEK Access Technologies
August 22, 2024
Sound Growth Partners (SGP) has acquired ATEK Access Technologies, LLC, a Minnesota-based manufacturer of rugged memory keys and industrial safety/access control products, in a transaction announced August 22, 2024. Aethlon Capital advised the selling owners (including co-owner Kay Phillips) on the sale; SGP provided all capital via its One-Stop Buyout structure and said it will support ATEK's growth going forward.
- Buyers
- Sound Growth Partners
- Targets
- ATEK Access Technologies, LLC
- Sellers
- Owners of ATEK Access Technologies, Kay Phillips (co-owner)
- Industry
- Manufacturing
- Location
- Minnesota, United States
- Transaction Type
- Buyout
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