Genstar Capital portfolio company Infinite RF Holdings Inc has acquired North Andover, Massachusetts-based L-Com Global Connectivity, a provider of wired and wireless connectivity products. No financial terms were disclosed.
SAN FRANCISCO, July 27, 2016 /PRNewswire/ — Genstar Capital, a leading middle-market private equity firm focused on investments in targeted segments of the industrial technology, software, healthcare, and financial services industries, today announced that its portfolio company Infinite RF Holdings, Inc. (IRF), a market leading supplier of engineering grade radio frequency (RF) technology components, has acquired L-Com Global Connectivity, a preferred supplier of wired and wireless connectivity products.
L-Com Global Connectivity offers a wide range of solutions and unrivaled customer service for the electronics and data communications industries. The company’s product portfolio includes cable assemblies, connectors, adapters, computer networking equipment, and custom products, as well as their HyperLink® brand of wireless products which include antennas, RF amplifiers, coaxial lightning and surge protectors, and NEMA rated enclosures. L-Com is headquartered in North Andover, MA.
Terry Jarnigan, President and Chief Executive Officer of IRF, said, “With this acquisition of L-Com, Infinite RF immediately expands its leadership role in the broader electronics sector. This development reflects the strong commitment of resources and energy to deliver best in class leading edge components and assemblies, particularly for customers who demand time-sensitive high quality products backed by technical support from our highly skilled in-house engineering staff.”
Rob Rutledge, Managing Director at Genstar, said, “We are moving quickly in partnership with Terry and his management team to grow Infinite and further build and expand the company’s offerings. This is the first add-on acquisition since Genstar’s investment earlier this year and we continue to pursue additional acquisitions as a growth strategy to broaden Infinite’s products, capabilities and brands to serve its global customers.”
About Infinite RF Holdings, Inc.
Based in Irvine, CA, Infinite RF offers a broad range of RF, Microwave and Millimeter-wave components and assemblies serving the aerospace/defense, industrial, government, consumer electronics, instrumentation, education/medical, and telecommunications markets. Operating under the Pasternack and Fairview brand names, Infinite RF serves a global engineering customer base with deep technical expertise and one of the broadest inventories of RF products available for immediate shipment. The Company serves nearly 100,000 customers via the broadest inventory in the industry, coupled with technical support capabilities and a global distribution footprint with same-day shipment capabilities. Infinite RF offers a compelling value proposition to R&D engineers, MRO technicians, and other technically oriented customers in a broad range of end-markets. http://www.pasternack.com/ http://www.fairviewmicrowave.com.
About Genstar Capital
Genstar Capital (www.gencap.com) is a leading private equity firm that has been actively investing in high quality companies for more than 20 years. Based in San Francisco, Genstar works in partnership with its management teams and its network of operating executives and strategic advisors to transform its portfolio companies into industry-leading businesses. Genstar manages funds with total capital commitments of over $5 billion and targets investments focused on selected sectors within the industrial technology, software, healthcare, and financial services industries.