Flex Acquires Crown Technical Systems

November 20, 2024

Flex (NASDAQ: FLEX) completed its $325 million all-cash acquisition of Crown Technical Systems, a designer and manufacturer of power distribution and protection systems. The deal expands Flex’s critical power portfolio into utility power and modular data center markets and adds an expected ~$120 million revenue business to its Industrial Business unit.

Buyers
Flex
Targets
Crown Technical Systems
Industry
Manufacturing
Location
California, United States
Transaction Type
Buyout

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