M&A Deal Summary

Compass Electronics Solutions Acquires Logic PD

On February 4, 2019, Compass Electronics Solutions acquired technology hardware company Logic PD from Compass Group Equity Partners

Acquisition Highlights
  • This is Compass Electronics Solutions’ 2nd transaction in the Technology Hardware sector.
  • This is Compass Electronics Solutions’ 3rd transaction in the United States.
  • This is Compass Electronics Solutions’ 1st transaction in Minnesota.

M&A Deal Summary
Date 2019-02-04
Target Logic PD
Sector Technology Hardware
Buyer(s) Compass Electronics Solutions
Sellers(s) Compass Group Equity Partners
Deal Type Add-on Acquisition

Target

Logic PD

Eden Prairie, Minnesota, United States
Logic PD, Inc. designs and develops embedded and connected devices serving the aerospace, defense, control and automation, Internet of Things (IoT), and medical/life sciences markets. Logic has evolved into a leading provider of electronics manufacturing services offering a complete suite of product lifecycle management solutions. With integrated capabilities in research, design, engineering, quality, regulatory, manufacturing, and aftermarket services, Logic helps its clients identify opportunities, reduce risk, and control costs to deliver the next generation of innovative products into the world’s most demanding markets. Logic PD was founded in 1960 and is based in Eden Prairie, Minnesota.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Compass Electronics Solutions

Eden Prairie, Maine, United States
Category Company
Sector Semiconductors
DESCRIPTION

Compass Electronics Solutions (CES) provides a full-service electronics design, development, manufacturing, and support. CES is the result of 4 specialized and experienced electronics manufacturing service providers coming together. Compass Electronics Solutions is based in Eden Prairie, Maine.

DEAL STATS #
Overall 3 of 3
Sector (Technology Hardware) 2 of 2
Type (Add-on Acquisition) 3 of 3
State (Minnesota) 1 of 1
Country (United States) 3 of 3
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-29 Protech Global Solutions

El Paso, Texas, United States

Protech Global Solutions LP serves the global ECM (Electronic Contract Manufacturing) market by providing a good mix of engineering, manufacturing, and logistics solutions. Protech Global Solutions was founded in 2001 and is based in El Paso, Texas.

Buy -

Seller(S) 1

SELLER

Compass Group Equity Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2015
Size Small
Type Sector Agnostic
DESCRIPTION

Compass Group Equity Partners is a private equity firm focused on lower middle-market companies. The Firm looks to invest between $1 to $15 million for companies generating sales of $20 to $100 million. Prospective transaction types include management buyouts, growth financings, and stake purchases. Sectors of interest include manufacturing, distribution, and business services. Compass Group was formed in 2015 and is based in St. Louis, Missouri.

DEAL STATS #
Overall 2 of 6
Sector (Technology Hardware) 2 of 2
Type (Add-on Acquisition) 2 of 5
State (Minnesota) 1 of 1
Country (United States) 2 of 6
Year (2019) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-12 Manufactured Assemblies

Vandalia, Ohio, United States

Manufactured Assemblies Corp. is a manufacturer of custom cable assemblies, wire harnesses, and kiosks for large and small OEMs. MAC expanded its capabilities from making custom cable assemblies and wire harnesses, into a wide range of products including the manufacture of electronic and mechanical assemblies such as kiosks, box builds, panel boards, digital signs, and other custom components. Manufactured Assemblies was founded in 1976 and is based in Vandalia, Ohio.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-01 The Allied Group

Cranston, Rhode Island, United States

The Allied Group is a vertically-integrated provider of document management and life science kitting services. The Allied Group was founded in 1946 and is based in Cranston, Rhode Island.

Buy -
Mergr

Product

Company

Legal