Averna Acquires Global Equipment Services, Inc. from Kimball Electronics
August 1, 2024
Averna, a Walter Capital Partners–backed test and quality solutions provider, has acquired Global Equipment Services, Inc. (GES), a division of Kimball Electronics. The deal adds roughly 600 employees, more than 160,000 ft² of manufacturing space and expands Averna’s footprint across Asia and North America with new locations including San Jose, Ho Chi Minh, Suzhou, Trivandrum and Tokyo.
- Buyers
- Averna, Walter Capital Partners
- Targets
- Global Equipment Services, Inc.
- Sellers
- Kimball Electronics, Inc.
- Platforms
- Averna
- Industry
- Engineering Services
- Location
- California, United States
- Transaction Type
- Addon
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