Space Age Electronics Acquires Gemcom

Space Age Electronics Acquires SprinkGuard

June 18, 2026

Industrial Services

DelCam Capital’s portfolio company, Space Age Electronics, acquired SprinkGuard, a manufacturer of specialty fire-sprinkler protection products. SprinkGuard will operate as part of Space Age Electronics, gaining access to its national distribution network and fire systems integrator relationships to expand market reach.

DelCam Capital Acquires Gaston Electronics

September 22, 2025

Industrial Services

DelCam Capital, a Massachusetts-based private equity firm, acquired Gaston Electronics, a UL 508A industrial control panel shop and vertically integrated electronics manufacturer based in Mount Holly, North Carolina. The acquired business will be integrated into DelCam’s Space Age Electronics platform to expand capabilities in UL 508A panel design/manufacturing, prefabrication, and modular fire and building systems.

PowerGEM Acquires Cambridge Energy Solutions

November 7, 2024

Energy

PowerGEM, a PE-backed provider of power grid and energy market simulation software, has merged with Cambridge Energy Solutions (CES) to combine complementary energy market modeling and pricing simulation products. The deal expands PowerGEM's software portfolio and capabilities for short- and long-term electricity market simulation to better serve traders, financial firms, utilities and other power market participants.

DelCam Capital Acquires Space Age Electronics, Inc.

April 25, 2024

Manufacturing

DelCam Capital, a Massachusetts private equity firm, has acquired Space Age Electronics, Inc., a Sterling, Massachusetts-based manufacturer of fire and life safety equipment. The deal is the first platform acquisition for DelCam Fund II; Space Age's approximately 80 employees across three facilities will remain and participate in an employee ownership initiative, and COO Matt Grady will assume leadership.

Nexus Capital and HDT Global Acquire Aviation Ground Equipment Corp.

March 15, 2023

Aerospace & Defense

Nexus Capital Management LP and HDT Global have acquired Aviation Ground Equipment Corp. (AGEC), a veteran-owned manufacturer and distributor of aviation ground support equipment. The deal was structured as a new entity within the HDT portfolio to expand HDT's aircraft ground power and thermal management capabilities for military and commercial aviation programs, including support for F-35 and B-21 programs.

Gemini Investors Recapitalizes American Standard Circuits and Acquires The Cable Company

July 29, 2021

Manufacturing

Gemini Investors completed two investments: a recapitalization of American Standard Circuits (a U.S.-based printed circuit board designer and manufacturer) alongside management, and the acquisition of The Cable Company (a specialty online retailer of high-end audio/video cables). Gemini will partner with ASC's management to support the company's manufacturing operations across defense, aerospace, automotive, medical and industrial end markets and will operate The Cable Company as a consumer-facing e-commerce business serving audiophiles.