M&A Deal Summary

Sparton Acquires Industrial Electronic Devices

On December 3, 2014, Sparton acquired electronics company Industrial Electronic Devices

Acquisition Highlights
  • This is Sparton’s 3rd transaction in the Electronics sector.
  • This is Sparton’s 6th transaction in the United States.
  • This is Sparton’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2014-12-03
Target Industrial Electronic Devices
Sector Electronics
Buyer(s) Sparton
Deal Type Add-on Acquisition

Target

Industrial Electronic Devices

Flemington, New Jersey, United States
IED, located in Flemington, NJ, designs and manufactures a full line of ruggedized displays for the Industrial and Marine markets. Their catalog spans over 600 standard, semi-custom, and custom configurations, incorporating some of the most advanced flat panel displays and touch screen technology available.

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Buyer(S) 1

Buyer

Sparton

De Leon Springs, Florida, United States
Category Company
Founded 1900
Sector Manufacturing
Employees700
Revenue 375M USD (2018)
DESCRIPTION

Sparton Corp. is a provider of complex and sophisticated electromechanical devices with capabilities that include concept development, industrial design, design and manufacturing engineering, production, distribution, field service, and refurbishment. The primary markets served are Medical & Biotechnology, Military & Aerospace, and Industrial & Commercial. Sparton was founded in 1900 and is based in De Leon Springs, Florida.

DEAL STATS #
Overall 6 of 11
Sector (Electronics) 3 of 6
Type (Add-on Acquisition) 5 of 9
State (New Jersey) 1 of 2
Country (United States) 6 of 10
Year (2014) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-10 Electronic Manufacturing Technology

Irvine, California, United States

Electronic Manufacturing Technology is engaged in the contract services business of manufacturing electromechanical controls and electronic assemblies.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-22 Argotec

Longwood, Florida, United States

Argotec, located in Longwood, FL, develops and manufactures sonar transducer products and components for the U.S. Navy, and provides aftermarket servicing.

Buy -
Mergr

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