Adams Street supports Quantic Electronic’s acquisition of BEI Precision

Adams Street provided funding to back Quantic Electronic’s acquisition of BEI Precision Systems & Space Company, according to a source familiar with the transaction.

Adams Street provided funding to back Quantic Electronic’s acquisition of BEI Precision Systems & Space Company, according to a source familiar with the transaction. No financial terms were disclosed. Adams Street served as the administrative agent and left joint lead arranger and joint bookrunner on the financing. BEI Precision is a provider of feedback sensors and frequency reference technologies for space, land, air and sea applications. Quantic is a portfolio company of Arcline Investment Management.