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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