Lorom (Cornell Capital-backed) Acquires Segue Manufacturing Services

February 14, 2023

Lorom Holding Co., Ltd., a Cornell Capital-backed manufacturing platform, has acquired Segue Manufacturing Services, a contract electronics manufacturer specializing in electromechanical integration, cable and harness assembly, and engineering services. The deal (terms undisclosed) adds Segue’s North American footprint (Billerica, MA) and China and Mexico operations to Lorom’s vertically integrated cable and component manufacturing capabilities; Segue was a portfolio company of Axia Capital Partners.

Buyers
Lorom Holding Co., Ltd., Cornell Capital LLC
Targets
Segue Manufacturing Services
Sellers
Axia Capital Partners, LP
Platforms
Lorom Holding Co., Ltd.
Industry
Manufacturing
Location
Massachusetts, United States
Transaction Type
Addon

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