iNRCORE Acquires Vanguard Electronics

Emerald Lake Capital Management Invests in CORE Transformers

September 25, 2025

Manufacturing

Emerald Lake Capital Management has made an equity investment in CORE Transformers, a Seneca, South Carolina-based supplier of new and reconditioned transformers and repair solutions serving commercial, industrial, data center, and renewable energy markets. Terms were not disclosed; Emerald Lake said it will support CORE with investments in talent, technology, and inventory and pursue select acquisitions to broaden the company's service offerings and market position.

Criticore (Huron Capital) Acquires Jenco Inc.

April 11, 2024

Electrical Services

Huron Capital’s portfolio company Criticore has acquired Scottsdale-based electrical contractor Jenco Inc., marking Criticore’s second add-on following its 2023 investment in RK Electric. The acquisition expands Criticore’s geographic footprint into the Phoenix/Scottsdale market and broadens its mission-critical commercial electrical services capabilities across end markets such as semiconductor, data centers, biotech, and healthcare; Jenco founder Kelly Anderson will remain as President of Jenco.

Windings Acquires Pacific Magnetics (and Baja Border affiliate)

January 16, 2024

Manufacturing

Windings, Inc. acquired Pacific Magnetics, Inc., a Chula Vista-based subcontract manufacturer of stator and electromagnetic assemblies, in a transaction that closed January 16, 2024. The deal also included Pacific Magnetics' Mexican affiliate (Baja Border Maquila), expanding Windings' manufacturing capabilities and near‑shore footprint.

iNRCORE Acquires Sentran Corporation

May 3, 2023

Manufacturing

iNRCORE, a family of magnetic-component brands backed by private equity firm The Jordan Company, has acquired Sentran Corporation, a Salem, Oregon-based manufacturer of instrument transformers and transducers. Sentran will operate as a wholly owned subsidiary of iNRCORE, retaining its leadership and headquarters while expanding iNRCORE's product offerings into power/distribution monitoring and control markets.

iNRCORE (Resolute IV / The Jordan Company) Acquires Gowanda Components Group

December 31, 2020

Manufacturing

iNRCORE, an affiliate of The Jordan Company’s Resolute Fund IV, has acquired Gowanda Components Group from Addison Capital Partners. The deal combines iNRCORE and Gowanda to create a global magnetics platform, expanding product capabilities across communications, aerospace & defense, medical devices and other high-reliability end markets.

Bourns Acquires Transtek Magnetics, Inc.

November 7, 2016

Manufacturing

Bourns, Inc. has acquired certain assets and the ongoing operations of Transtek Magnetics, Inc., a Tucson-headquartered maker of custom transformers, inductors and coils with manufacturing in Dongguan, China. The acquisition expands Bourns' product offering into high-frequency and high-power magnetic components for end markets including automotive, solar power and consumer electronics.