M&A Deal Summary

Qnnect Acquires Connectronics

On October 3, 2022, Qnnect acquired electrical equipment company Connectronics

Acquisition Highlights
  • This is Qnnect’s 2nd transaction in the Electrical Equipment sector.
  • This is Qnnect’s 3rd transaction in the United States.
  • This is Qnnect’s 1st transaction in Indiana.

M&A Deal Summary

Date 2022-10-03
Target Connectronics
Sector Electrical Equipment
Buyer(s) Qnnect
Deal Type Add-on Acquisition

Target

Connectronics

Edinburgh, Indiana, United States
Connectronics is a designer and manufacturer of high-performance RF and Microwave connectors and adapters for Aerospace, Telecom, Military, Test and Measurement, and Medical applications. The company has a wide variety of coaxial connectors and adapters, including standard, custom, and 'hard-to-find' components ideally suited to meet its customers' demanding technical specifications. Connectronics was founded in 1985 and is based in Edinburgh, Indiana.

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Buyer(S) 1

Buyer

Qnnect

Painesville, Ohio, United States

Category Company
Sector Electrical Equipment
DESCRIPTION

Qnnect is a producer of highly engineered electronic interconnect solutions for high-density and high-speed applications of leading original equipment manufacturers. Qnnect is based in Painesville, Ohio.


DEAL STATS #
Overall 3 of 4
Sector (Electrical Equipment) 2 of 2
Type (Add-on Acquisition) 3 of 4
State (Indiana) 1 of 1
Country (United States) 3 of 4
Year (2022) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-07 Custom Interconnects

Centennial, Colorado, United States

Custom Interconnects designs and manufactures Fuzz Buttons, a high-performance, proprietary contact pin technology enabling critical applications within the aerospace, defense, and semiconductor industries. Custom Interconnects is based in Centennial, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-03 Hermetic Solutions Group

Trevose, Pennsylvania, United States

Hermetic Solutions Group is a provider of advanced hermetic packaging and components designed to ensure critical electronic systems function reliably in demanding environments where it is essential to control for factors such as weight, space, vibration, temperature, moisture and off-gassing. Hermetic Solutions Group was founded in 2016 and is based in Pennsylvania, United States.

Buy -