U.S. private equity firm Centre Lane Partners has merged Canada’s EPM Global Services Inc with the U.S.-headquartered STACI Corp. The two companies, which were acquired by Centre Lane Partners last year, both operate in the global electronics manufacturing services market. Established in 1993, the Markham, Ontario-based EPM serves industrial customers in North America and Europe and has operations in China. David M. Buckley, the current president and CEO of STACI, will lead the new business.
STACI Corporation And EPM Global Services Have Joined Forces To Provide Added Production Capabilities And A Broader Global Market Reach
NEW YORK, Jan. 6, 2015 /CNW/ — Centre Lane Partners, LLC, a private equity firm based in New York, is pleased to announce the merger of two longtime leaders in the EMS, PCB and Electro-Mechanical component service industries – STACI Corporation (LaGrange, Ohio) and EPM Global Services (Markham, Ontario), both acquired by Centre Lane Partners in 2014.
David M. Buckley, President and Chief Executive Officer of STACI Corporation, has been appointed President and CEO of the newly formed company.
“Together, STACI Corporation and EPM Global Services create a business well positioned to better serve the expanding EMS market with value-added service capabilities,” said David Buckley, President and CEO. “Integration planning teams, led by senior leaders from STACI and EPM, have been working closely to ensure a sustained focus on continuity, business synergies, and customer and talent retention.”
A company rebranding is underway and a new name for the combined business will be announced to the industry within the coming week.
About STACI Corp and EPM Global Services
STACI and EPM are a full-service contract manufacturing companies specializing in high-mix, low- to mid-volume programs. STACI and EPM provide flexible solutions and dedicated services to a diverse group of OEM industries including Medical Devices, Display Technology, HVAC, Automotive, Health and Fitness, Industrial, Security, GPS / RF, and Lighting.
With over 40 years of combined manufacturing experience, STACI and EPM offer a wide range of EMS Services and Custom Component Solutions including NPI, Custom Tooling, Casting, Cables, PCB Assembly, DFM/DFT, Full Box Builds, and aftermarket services such as Repair and Third Party Logistics.
With a global footprint of over 250,000 square feet across the US, Canada and Asia, STACI and EPM offer customers the ability to develop effective supply chain strategies to leverage the global benefits associated with cost control and volume demand.
For more information visit, EPMnet.com or STACIcorp.com
For Press Inquiries, contact: Maria Venezia
SOURCE Centre Lane Partners, LLC
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