New Canaan, CT – April 4, 2018 – RFE Investment Partners (“RFE”) has sold its portfolio company, Atrenne Integrated Solutions, Inc. (“Atrenne” or the “Company”), to Celestica Inc.(NYSE, TSX:CLS).
Atrenne is a leading designer and manufacturer of ruggedized electromechanical solutions serving multiple markets, primarily for military and commercial aerospace applications. Atrenne’s integrated solutions serve a full spectrum of next-generation, mission-critical applications on over 100 military and aerospace programs deployed globally. Its proprietary designs enable high-performance defense and security platforms to operate in harsh environments and support the continued growth of commercial aviation with the highest levels of quality and safety.
Headquartered in New Hope, Minnesota, Atrenne originated from the combination of CBT Technology, AbelConn and SIE Computing Solutions in July of 2014. The combination expanded the Company’s value proposition to customers and allowed for the delivery of custom rugged electromechanical solutions globally to its customers across commercial aviation, military and defense, telecom and networking and other industrial markets. RFE and management worked in tandem to ensure seamless integration of the entities, creating value and ultimately yielding the successful sale of the business.
DECADES OF RECOGNIZING GROWTH OPPORTUNITIES
RFE is a seasoned team of business owners who partner with entrepreneurial management teams seeking to grow their businesses in the lower middle market. RFE has over three decades of recognizing growth opportunities, and our approach is simple: find good companies and help them reach their true potential.
RFE PURSUES GROWTH STRATEGIES IN NORTH AMERICAN SMALL MARKET COMPANIES.
We make control investments in businesses with initial enterprise values of $20 million to $150 million. The RFE team then works collaboratively with management to identify actionable channels of growth, both organically and through add-on acquisitions. Management will also have access to a network of operations and human capital resources that are available to support the team throughout the investment lifecycle.
THE FOUNDATION OF OUR SUCCESS IS THE QUALITY OF OUR TEAM AND THE ENDURING RELATIONSHIPS WE FORM.
RFE's Managing Directors have worked together an average of 21 years and average 26 years of private equity experience.
RFE Investment Partners
36 Grove St
New Canaan, CT, 06840
(203) 966-2800
www.rfeip.com