M&A Deal Summary

Electrical Components International Acquires Promark Electronics

On July 6, 2021, Electrical Components International acquired electrical equipment company Promark Electronics

Acquisition Highlights
  • This is Electrical Components International’s 6th transaction in the Electrical Equipment sector.
  • This is Electrical Components International’s 1st transaction in Canada.
  • This is Electrical Components International’s 1st transaction in Quebec.

M&A Deal Summary
Date 2021-07-06
Target Promark Electronics
Sector Electrical Equipment
Buyer(s) Electrical Components International
Deal Type Add-on Acquisition
Advisor(s) Lincoln International
Crowe LLP (Financial)
Osler (Legal)

Target

Promark Electronics

Pointe-Claire, Quebec, Canada
Promark Electronics is a manufacturer of wire harnesses and cable and electromechanical assemblies utilized by commercial electric vehicles and other technically-complex, mission-critical products. Promark Electronics was founded in 1987 and is based in Pointe-Claire, Quebec.

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Buyer(S) 1

Buyer

Electrical Components International

Creve Coeur, Missouri, United States
Category Company
Founded 1953
Sector Electrical Equipment
DESCRIPTION

Electrical Components International is a manufacturer of wire harnesses and value-added assembly services for consumer appliance and specialty-industrial applications. Electrical Components International was established in 1953 and is based in Creve Coeur, Missouri.

DEAL STATS #
Overall 7 of 13
Sector (Electrical Equipment) 6 of 11
Type (Add-on Acquisition) 6 of 12
State (Quebec) 1 of 2
Country (Canada) 1 of 3
Year (2021) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-26 Omni Connection International

Corona, California, United States

Omni Connection International is specializes in wire harnesses for automotive and electronic applications, including interior and exterior mirrors, as well as cameras, lamps, and other peripheral electronics. Omni Connection International is based in Corona, California.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-10 Rochester Industrial

Ontario, New York, United States

Rochester Industrial is a manufacturer of high-voltage wire harnesses, cables, and electromechanical assemblies for the commercial electric vehicle, oil and gas, and medical markets. Rochester Industrial was founded in 1967 and is based in Ontario, New York.

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Mergr

Product

Company

Legal