Exxelia Acquires Majority Stake in Alcon Electronics

HEICO Corporation to Acquire Exxelia from IK Partners (IK VII)

July 28, 2022

Aerospace & Defense

HEICO Corporation has entered into exclusive negotiations to purchase Exxelia from an affiliate of the IK VII Fund. Exxelia, headquartered in Paris and a manufacturer of high-reliability passive components and precision subsystems with ~2,100 employees and ~€190m revenue (FY2022), will broaden HEICO's product portfolio and European footprint pending regulatory approvals.

TRS Capital Acquires Majority Stake in Alta Electronics

December 2, 2021

Manufacturing

TRS Capital, an early-stage investment firm, has acquired a majority stake in Alta Electronics, a Canadian supplier of wiring harnesses, cable assemblies and electrical components. Management will remain in place while TRS plans to support growth by investing in inventory and equipment and expanding Alta's presence in the U.S. and other international markets.

Quantic Electronics Acquires Paktron Capacitors

September 2, 2021

Manufacturing

Quantic Electronics, a portfolio company of Arcline Investment Management, acquired Paktron Capacitors, a U.S. manufacturer of multilayer polymer film capacitors headquartered in Lynchburg, Virginia. The acquisition expands Quantic's capacitor product lineup and manufacturing capabilities for high-reliability end markets including defense, space, telecommunications, alternate energy and automotive.

indie Semiconductor Acquires EXALOS AG for $45 Million

September 27, 2023

Manufacturing

indie Semiconductor has completed the acquisition of Swiss photonics company EXALOS AG for about $45 million in stock, with up to $20 million of additional contingent consideration tied to 24-month revenue-based performance targets. The deal secures EXALOS' SLED and SOA technologies and a team of ~17 engineers to expand indie's laser and silicon photonics portfolio and accelerate its Autotech offerings to global tier‑1 suppliers and automotive OEMs.

Arcline Investment Management Acquires Evans Capacitor Company

November 19, 2020

Manufacturing

Arcline Investment Management, a growth-oriented private equity firm, has acquired Evans Capacitor Company, a designer and manufacturer of high-reliability, power-dense capacitors based in East Providence, Rhode Island. Arcline said Evans will be the first of several acquisitions as it builds a specialty electronic components platform and has named Kevin Perhamus as CEO of the platform; Houlihan Lokey served as financial advisor to Arcline.

Metra S.p.A. Acquires Extruded Aluminum Corporation (EAC)

October 6, 2023

Manufacturing

Metra S.p.A., a portfolio company of KPS Capital Partners, completed the acquisition of Extruded Aluminum Corporation (EAC), a U.S. manufacturer of custom extruded aluminum profiles and value‑added fabrication, assembly and finishing services. EAC operates two facilities in Belding and Kentwood, Michigan with approximately 170 employees; the deal advances Metra's North American expansion and end‑market diversification, including entry into utility‑grade solar.