Functional Devices - Ownership and Business Overview

ElectronicsCompany

Functional Devices Ownership

Who owns Functional Devices?

Functional Devices is owned by Shorehill Capital. It was acquired on January 8, 2019.

Is Functional Devices PE-backed?

Yes. Functional Devices is owned by private equity investor Shorehill Capital.

Functional Devices Business Overview

Where is Functional Devices headquartered?

Functional Devices is headquartered in Sharpsville, Indiana.

What sector is Functional Devices in?

Functional Devices is an electronics company.

When was Functional Devices founded?

Functional Devices was founded in 1969.

Electronics M&A Summary in 2019

Out of 60 sectors in the Mergr database, electronics ranked 49 in number of deals in 2019. The largest electronics acquisition in 2019 was Fitbit - which was acquired by Alphabet for $2.1B.

Join Mergr to view all 38 acquisitions of electronics companies in 2019, including 11 acquisitions by private equity firms, and 27 by strategics.

Functional Devices

Functional Devices, Inc.

101 Commerce Drive PO Box 437,
Sharpsville, Indiana 46068
United States,
(765) 883-5538
www.functionaldevices.com

Functional Devices is a manufacturer of electronic devices, including relays, power supplies, transformers, sensors, enclosures and wireless devices. The Company primarily serves the HVAC, building and lighting controls, energy management and wireless industries.


Company Summary

SECTOR

Electronics

Established

1969

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