Lithion Power Group Acquires Aved Electronics
August 28, 2019
Lithion Power Group, a TriWest Capital Partners Fund V portfolio company, has acquired Aved Electronics from its existing shareholders with participation from Aved management. The acquisition adds Aved's battery pack manufacturing, cable and harness assembly, and electro-mechanical box-build capabilities to Lithion's offering, expanding product lines and end-market exposure into medical, defense, robotics and communications.
- Buyers
- Lithion Power Group, TriWest Capital Partners
- Targets
- Aved Electronics
- Sellers
- Aved's existing shareholders, Members of Aved management
- Platforms
- Lithion Power Group
- Industry
- Manufacturing
- Location
- Massachusetts, United States
- Transaction Type
- Addon
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