Hermetic Solutions Group, a portfolio company of ShoreView Industries, has acquired Chartley, Massachusetts-based Sinclair Manufacturing, a provider of glass-to-metal seal components for the microelectronic packaging industry. No financial terms were disclosed.
TINTON FALLS, N.J. (PRWEB) JUNE 04, 2018
Hermetic Solutions Group announced that it has acquired Sinclair Manufacturing, an industry leader of glass-to-metal seal components for the microelectronic packaging industry. Terms of the deal were not disclosed.
Founded in 1946, in Chartley, Massachusetts, Sinclair is an industry founding front-runner specializing in glass-to-metal seal components including hermetic packages, standard headers, optical windows, connectors & feedthrus, and vacuum products, serving the defense/aerospace, medical, optical, communications and industrial markets. For over 70 years, Sinclair has focused on continuously improving manufacturing processes and product lines in order to provide their customers with the highest possible levels of service.
Per Rick Ferraid, Hermetic Solutions Group’s Chairman, “I’ve been a fan of Sinclair for years and have always believed that putting the two teams together would help better serve our collective customer base. This is a significant development for Hermetic Solutions Group to add to our product portfolio one of the most valued suppliers in the industry. Sinclair Manufacturing’s engineering and quality capabilities are second to none and this positions Hermetic Solutions Group with every hermetic product available to continue to meet the evolving needs of our customers.”
Bill Hubbard, CEO of Hermetic Solutions Group said “Teaming with Sinclair is a great opportunity for Hermetic Solutions Group. Our company cultures are similar and both companies put customers at the center of everything we do. Going forward, there are no planned changes for our new Sinclair division, except where synergies allow better customer support. I look forward to the teams working together to hit the ground running.”
Per Dave LeMieux, President of Sinclair Manufacturing, “Becoming part of the Hermetic Solutions Group will provide resources and new expertise that enhances our abilities and allows us to offer even more to our customers. There are tremendous synergies between Sinclair and all of the other companies under the Hermetic Solution Group. Everyone at Sinclair is excited about our future!”
About Hermetic Solutions Group
Hermetic Solutions Group is the premier global supplier of hermetic packaging, components and services. We offer a single source of supply for hermetic packages, connectors, lids, thermal management spreaders, performs and laser solutions. We make our customers’ lives easier by providing them every solution needed to enable and protect their sensitive electronics in harsh and ambient environments. With approximately 600 employees located in eight facilities across three countries, we like to say that we are unconventional, thoughtful and willing to always go the extra mile for our customers.
About ShoreView Industries
ShoreView Industries, based in Minneapolis, manages $900 million in private equity funds and Hermetic Solutions Group is one of its portfolio companies. ShoreView invests in established middle-market companies with operations in North America across a wide range of industries. ShoreView structures a variety of acquisition, recapitalization and build-up transaction, typically in businesses ranging between $20 million and $300 million.