M&A Deal Summary

Sparton Acquires KEP Marine

On January 21, 2015, Sparton acquired electronics company KEP Marine from Kessler-Ellis Products Co.

Acquisition Highlights
  • This is Sparton’s 5th transaction in the Electronics sector.
  • This is Sparton’s 8th transaction in the United States.
  • This is Sparton’s 2nd transaction in New Jersey.

M&A Deal Summary

Date 2015-01-21
Target KEP Marine
Sector Electronics
Buyer(s) Sparton
Sellers(s) Kessler-Ellis Products Co.
Deal Type Divestiture

Target

KEP Marine

Eatontown, New Jersey, United States
KEP Marine designs and manufactures industrial displays, industrial computers and HMI software for the Marine market.

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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 8 of 11
Sector: Electronics M&A 5 of 6
Type: Divestiture M&A Deals 2 of 2
State: New Jersey M&A 2 of 2
Country: United States M&A 8 of 10
Year: 2015 M&A 1 of 4
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-28 Real-Time Enterprises

Pittsford, New York, United States

RTEmd, founded in 1981, is a developer of embedded software to operate medical devices and diagnostic equipment through a disciplined approach to product development and quality/regulatory services with specific product experience such as patient monitoring, medical imaging, in-vitro diagnostics, electro-medical systems, surgical applications, ophthalmology, nephrology, infusion pumps and medical imaging.

Buy -

Seller(S) 1

SELLER

Kessler-Ellis Products Co.

Eatontown, New Jersey, United States

Category Company
Sector Manufacturing
DESCRIPTION

Kessler-Ellis Products (KEP) designs, manufactures and services Industrial, Process and Marine Automation and Control products. Products include flow instrumentation, marine displays, counters/timers/rate meters, PLC operator interfaces, HMI software and a Contract Manufacturing division.


DEAL STATS #
Overall 1 of 1
Sector: Electronics M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1