M&A Deal Summary |
|
|---|---|
| Date | 2024-08-01 |
| Target | Global Equipment Services and Manufacturing |
| Sector | Semiconductors |
| Buyer(s) | Averna |
| Sellers(s) | Kimball Electronics |
| Deal Type | Divestiture |
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Averna is a manufacturing solution provider for communications and electronics device-makers worldwide, helping them deliver a better end-user customer experience. Key Averna clients in the communications, aerospace, defense, automotive, consumer electronics, and medical device industries use Proligent, RF Test instruments, and other test solutions to accelerate product development, reduce manufacturing costs, achieve superior quality throughout the lifecycle, and solve critical supply-chain issues. It has offices around the world as well as a network of partners such as JOT Automation, Keysight Technologies, and National Instruments. Averna was founded in 1999 and is based in Montreal, Quebec.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 8 |
| Sector (Semiconductors) | 1 of 1 |
| Type (Divestiture) | 2 of 2 |
| State (California) | 2 of 2 |
| Country (United States) | 4 of 4 |
| Year (2024) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-09 |
Elcom
Prague, Czech Republic ELCOM is a provider of proprietary highly complex products and services in test and measurement, machine vision, industrial automation and smart grid systems for sustainable energy. Elcom has also unique technology for visual (Machine Vision), acoustic, vibrational and haptic testing. Production is located in Ostrava, Brno and Bystřice nad Pernštejnem. Elcom is based in Prague, Czech Republic. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1961 |
| Sector | Electronics |
| Employees | 7,900 |
| Revenue | 1.8B USD (2023) |
Kimball Electronics is a global contract electronic manufacturing services (“EMS”) company that specializes in durable electronics for the medical, automotive, industrial, and public safety markets. Kimball Electronics is well recognized by customers and industry trade publications for its excellent quality, reliability, and innovative service. From its manufacturing operations in the United States, Mexico, Thailand, Poland, China, and Romania, Kimball Electronics provides engineering, manufacturing, and supply chain services which utilize common production and support capabilities to a variety of industries globally. Kimball Electronics was founded in 1961 and is based in Jasper, Indiana.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Semiconductors) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (California) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-05-17 |
Global Equipment Services and Manufacturing
San Jose, California, United States Global Equipment Services and Manufacturing specializes in production processing and test equipment design, volume manufacturing, and global services for the semiconductor and electronics product manufacturing industry. Global Equipment Services and Manufacturing is based in San Jose, California. |
Buy | $50M |
