M&A Deal Summary

Tech-Sym Acquires Continental Electronics

On January 1, 1990, Tech-Sym acquired technology hardware company Continental Electronics

Acquisition Highlights
  • This is Tech-Sym’s 1st transaction in the Technology Hardware sector.
  • This is Tech-Sym’s 1st transaction in the United States.
  • This is Tech-Sym’s 1st transaction in Texas.
Investment Fate
  • Continental Electronics was sold to a consortium of financial buyers in 2008.

M&A Deal Summary

Date 1990-01-01
Target Continental Electronics
Sector Technology Hardware
Buyer(s) Tech-Sym
Deal Type Add-on Acquisition

Target

Continental Electronics

Dallas, Texas, United States
Continental Electronics develops, manufactures, and markets radio frequency transmitters. It specializes in the design, development, and manufacturing of leading-edge digital and analog transmitter systems for the global market. Continental Electronics was founded in 1938 and is based in Dallas, Texas.

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Buyer(S) 1

Buyer

Tech-Sym

Houston, Texas, United States

Category Company
Sector Aerospace
Employees1,620
Revenue 155M USD (1999)
DESCRIPTION

Tech-Sym Corporation operates as a diversified electronics engineering and manufacturing company .


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 1990 M&A 1 of 1