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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