DelCam Capital Acquires Space Age Electronics, Inc.
April 25, 2024
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.
- Buyers
- DelCam Capital
- Targets
- Space Age Electronics, Inc.
- Sellers
- Mongeau family (owners of Space Age Electronics)
- Industry
- Manufacturing
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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