Divestiture • Technology Hardware

GGI Solutions Acquires The Bergquist Co. - Membrane Switch Business

On July 25, 2018, GGI Solutions acquired technology hardware company The Bergquist Co. - Membrane Switch Business from The Bergquist Co.

Acquisition Context
  • This is GGI Solutions’ 1st transaction in the Technology Hardware sector.
  • This is GGI Solutions’ 1st transaction in the United States.
  • This is GGI Solutions’ 1st transaction in Minnesota.

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M&A Deal Summary

Date July 25, 2018
Target The Bergquist Co. - Membrane Switch Business
Sector Technology Hardware
Buyer(s) GGI Solutions
Sellers(s) The Bergquist Co.
Deal Type Divestiture

Target Company

The Bergquist Co. - Membrane Switch Business

Chanhassen, Minnesota, United States
The Bergquist Co., Inc. - Membrane Switch Business develops HeatSealTM, an advanced fabrication process for layer adhesiveness.
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Buyer Overview 1

Buyer

GGI Solutions

Lachine, Quebec, Canada

Category Company
Sector Technology Hardware
DESCRIPTION

GGI Solutions is specialized in the custom design and production of Human Machine Interface technologies for product and service offerings. GGI Solutions is based in Lachine, Quebec.


Deal Context for Buyer #
Overall 1 of 1
Sector: Technology Hardware 1 of 1
Type: Divestiture 1 of 1
State: Minnesota 1 of 1
Country: United States 1 of 1
Year: 2018 1 of 1

Seller Profile 1

SELLER

The Bergquist Co.

Chanhassen, Minnesota, United States

Category Company
Founded 1964
Sector Electronics
DESCRIPTION

The Bergquist Co., Inc. is a supplier of thermal-management solutions for the electronics industry worldwide.


Deal Context for Seller #
Overall 1 of 1
Sector: Technology Hardware 1 of 1
Type: Divestiture 1 of 1
State: Minnesota 1 of 1
Country: United States 1 of 1
Year: 2018 1 of 1