M&A Deal Summary

Spartronics Acquires Primus Technologies

On January 11, 2021, Spartronics acquired electrical equipment company Primus Technologies

Acquisition Highlights
  • This is Spartronics’ 1st transaction in the Electrical Equipment sector.
  • This is Spartronics’ 1st transaction in the United States.
  • This is Spartronics’ 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2021-01-11
Target Primus Technologies
Sector Electrical Equipment
Buyer(s) Spartronics
Deal Type Add-on Acquisition

Target

Primus Technologies

Williamsport, Pennsylvania, United States
Primus Technologies Corp. provides engineering, manufacturing, and testing services of circuit card assemblies and box builds for original equipment manufacturers (OEMs) in the aerospace, defense, medical and complex industrial markets. Primus Technologies was founded in 1959 and is based in Williamsport, Pennsylvania.

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Buyer(S) 1

Buyer

Spartronics

Fairport, New York, United States
Category Company
Sector Manufacturing
DESCRIPTION

Spartronics engineers, designs, and manufactures highly complex electronic and electromechanical devices, including sophisticated printed circuit card assemblies, sub-assemblies, full product assemblies, and cable/wire harnesses. Spartronics is based in Fairport, New York.

DEAL STATS #
Overall 1 of 2
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Pennsylvania) 1 of 1
Country (United States) 1 of 2
Year (2021) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-01 Inovar

North Logan, Utah, United States

Inovar provides engineering, manufacturing, product assemblies, and aftermarket services that are used by original equipment manufacturers (OEMs) in the aerospace, defense, medical and industrial markets. Inovar was founded in 1988 and is based in North Logan, Utah.

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