Private Equity: Private Equity Company Buys St. Petersburg Company Compulink

August 27, 2020 | Latest News, News, Private Equity
https://dailyalts.com/wp-content/uploads/2020/08/compulink.jpeg

Private Equity: Private Equity Company Buys St. Petersburg Company Compulink

St. Petersburg company Compulink Cable Assemblies is now under new ownership.  The company manufactures cables and harnesses for both military and commercial purposes.  kSARIA Corp. is the company that bought Compilink.  kSARIA specializes in providing mission-critical connectivity solutions for defense and aerospace markets.  The company is also part of Behrman Capital’s portfolio.  

Compulink provides a variety of services to its clients such as design engineering, production, testing, and prototype fabrication.  Its products include harnesses, cables, and miniaturized connectors.  Compulink often serves the military, medical, and transportation markets.  According to co-founder of Compulink Rob Wilkin, “Compulink has a 36-year history of manufacturing excellence and providing innovative solutions for our customers. We have extensive industry expertise that has enabled us to forge deep-rooted and invaluable relationships with major OEMs and manufacturers. We are excited to contribute to the success of kSARIA in partnership with the management team and Behrman Capital.”  

Compulink plans to deliver its value through its manufacturing and engineering expertise.  According to co-founder Steve Shevlin, “This transaction is a unique strategic opportunity to build on our deeply successful foundation and deliver enhanced value to our customers.”  

Behrman Capital is a middle market private equity firm based in New York City.  Behrman Capital has five private equity funds with a total combined capital of $5 billion.

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2021/07/bitcoin-2668211_640.jpg
Digital Assets: Bitcoin Closes In On $40K After Amazon Rumors Spark Rally
July 26, 2021     Digital Assets, News

Bitcoin, the leading cryptocurrency, which had been in a downtrend since its April highs, and tested $30,000 on more than one occasion, surged nearly 15% after a rumor that Amazon…

https://dailyalts.com/wp-content/uploads/2021/07/rivian-r1t-7.jpg
Venture Capital: Rivian Lands $2.5B; Plans Second EV Plant Including For Batteries
July 26, 2021     Latest News, News, Venture Capital

Electric vehicle maker Rivian announced Friday (July 23, 2021) its close of a $2.5 billion funding round led by Amazon’s (NASDAQ: AMZN) Climate Pledge Fund, D1 Capital Partners, Ford Motor…

https://dailyalts.com/wp-content/uploads/2021/07/champagne-2178775_640.jpg
Liquid Alternatives: Three Reasons
July 26, 2021     Liquid Alternatives, News

Spawned after the 2008 financial crisis, liquid alternatives have disappointed investors. During the 2010s, these instruments averaged an annualized gain of 1.66%. Writing in Morningstar, columnist John Rekenthaler makes a…

https://dailyalts.com/wp-content/uploads/2021/07/Ez4eEsTWUAMC8Gz.jpg
FinTech: UK-Based PensionBee Reports Assets Under Administration Have Doubled In A Year
July 26, 2021     FinTech, News

An influx of new customers has boosted two-fold PensionBee’s assets under administration as at June 30, 2021. Further, in a landmark year, PensionBee (LON: PBEE) raised £55 million from an…