M&A Deal Summary

East West Acquires Varitron

On March 10, 2021, East West acquired energy services and equipment company Varitron from Intervala

Acquisition Highlights
  • This is East West’s 1st transaction in the Energy Services and Equipment sector.
  • This is East West’s 1st transaction in Canada.
  • This is East West’s 1st transaction in Quebec.

M&A Deal Summary

Date 2021-03-10
Target Varitron
Sector Energy Services and Equipment
Buyer(s) East West
Sellers(s) Intervala
Deal Type Divestiture

Target

Varitron

St-Hubert, Quebec, Canada
Varitron specializes in high-technology electronics manufacturing services (EMS) and provides Intervala with expanded capacity to manufacture complex printed circuit board assemblies (PCBAs) and other high-reliability electronic assemblies. Varitron was founded in 1991 and is based in St-Hubert, Quebec.

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Buyer(S) 1

Buyer

East West

Atlanta, Georgia, United States

Category Company
Founded 2001
Sector Electrical Equipment
DESCRIPTION

East West is a manufacturer of complex, precision components, electronics, and motors. East West was founded in 2001 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 4 of 6
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-03 Universal Electronics

Scottsdale, Arizona, United States

Universal Electronics, Inc. is a provider of wireless control technology for the connected home. The Company designs, develops, and delivers innovative solutions that enable consumers to control entertainment devices, digital media, and home systems. Universal Electronics was established in 1986 and is based in Santa Ana, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-06 Compass Electronics Solutions

Eden Prairie, Maine, United States

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.

Buy -

Seller(S) 1

SELLER

Intervala

East Pittsburgh, Pennsylvania, United States

Category Company
Founded 2016
Sector Manufacturing
DESCRIPTION

Intervala LLC is a full-service manufacturer of high-reliability, precision electronic and electromechanical products. Intervala LLC customers are large, technology-driven companies primarily in the industrial, medical, transportation, aerospace and defense industries where quality and reliability are paramount. Intervala LLC products must perform reliably in harsh or difficult environments, adhere to strict quality and regulatory standards, and are often subject to rapidly changing forecasts.


DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-27 Princeton Technology

Xinbei City, Taiwan

Princeton Technology Corp. is an IC design company. PTC’s products include Display Driver ICs, Multimedia Audio Controller ICs, Motor Driver ICs, RF ICs, Encoder/Decoder ICs, Remote Control ICs, and ASICs and are suitable for a wide range of applications, including automotive dashboard and multimedia devices, portable audio players, digital TVs, home audio/video appliances, DSCs, DSLRs, monitoring cameras, and car security systems. Princeton Technology was founded in 1986 and is based in Xinbei City, Taiwan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-03 NEOTech - Manufacturing Business

Mason, Ohio, United States

NEOTech's Manufacturing Business focuses on low-to-medium volume, higher mix electronics production.

Buy -