Albion River has sold United Electronics Company to Chimney Rock Equity Partners

United Electronics Company

United Electronics Company (UEC) is a leading provider of mission-critical power and electronics solutions serving defense and other highly regulated end markets. UEC offers a broad, diversified product portfolio spanning advanced power supply and energy storage solutions, cables and harnesses, complex power distribution assemblies, radio frequency (RF) power amplifiers, circuit card assemblies and obsolescence repair and management. UEC supports blue-chip customers across a broad set of next-generation and legacy platforms including military aircraft, ground vehicles, naval systems and space applications. UEC operates manufacturing locations in Charleston, South Carolina; Fair Lawn, New Jersey; Rochester, New York; Sacramento, California; and Reno, Nevada. For more information, visit www.uec-corp.com.

Our Perspective

Brian Goodwin, Lincoln International Managing Director who led the transaction, commented, “The U.S. defense industrial base faces significant challenges today to meet demand and, in particular, a lack of capacity from quality suppliers. We believe UEC is poised to take share in this market as a result of its differentiated and leadership position in RF, power and defense electronics by pairing deep engineering capability with value-add manufacturing and product lifecycle support. We are proud to have supported Albion River and the UEC management team on this important transaction and are excited to see the company’s continued success alongside Chimney Rock Equity Partners.”

Albion River

Since its formation, Albion River remains an investment firm focused exclusively on the defense sector. Albion River partners with key stakeholders to build enduring value through operational improvements, organic growth and strategic opportunities. For more information, visit www.albionriver.com.

Chimney Rock Equity Partners

Chimney Rock is a private equity investment firm focused on the North American lower middle market industrials sector that seeks platform opportunities specifically in the Aerospace & Defense, Industrial Products & Services and Niche Products & Services end markets. Chimney Rock takes a thematic approach to investing where the firm can create value through a buy-and-build strategy as the first active capital. Chimney Rock seeks to deliver value by partnering with management teams to execute carefully planned and repeatable value creative strategies. For more information about Chimney Rock, please visit www.chimneyrockequity.com.

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