M&A Deal Summary

TIE Acquires The Parker Group

On October 3, 2016, TIE acquired consumer services company The Parker Group

Acquisition Highlights
  • This is TIE’s 1st transaction in the Consumer Services sector.
  • This is TIE’s 1st transaction in the United States.
  • This is TIE’s 1st transaction in Michigan.

M&A Deal Summary
Date 2016-10-03
Target The Parker Group
Sector Consumer Services
Buyer(s) TIE
Deal Type Add-on Acquisition

Target

The Parker Group

Clinton Township, Michigan, United States
The Parker Group, Inc. (PGI) is an integrated depot repair center specializing in electronic and servo-mechanical products. PGI consists of three core business units: The Parker Group, Inc., which provides electronic repair services primarily focusing on board repair; Saldet Sales & Service, Inc., which manufactures and supplies a line of electronic motor brake products; and Intelligent Systems & Solutions, Inc., which provides outsourced manufacturing and retrofit services for machine-tool wiring harnesses, cable assemblies, and PCBs.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

TIE

Clinton Township, Michigan, United States
Category Company
Founded 1992
Sector Machinery
DESCRIPTION

TIE is specialized in the repair, refurbishment, and replacement of industrial electronic parts. TIE was founded in 1992 and is based in Clinton Township, Michigan.

DEAL STATS #
Overall 1 of 2
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Michigan) 1 of 2
Country (United States) 1 of 2
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-23 Master Robotics

Almont, Michigan, United States

Master Robotics LLC specialized in robotics knowledge and technical repair capabilities and also provides refurbished parts sales, refurbished systems sales, and repair, preventative maintenance and field services. Master Robotics was founded in 2008 and is based in Almont, Michigan.

Buy -
Mergr

Product

Company

Legal