Evergreen Pacific Partners has sold Abracon Corporation to The Riverside Company

Lincoln International (“Lincoln”), a leading global mid-market investment bank, is pleased to announce that Evergreen Pacific Partners (“EPP”) has sold Abracon, LLC (“Abracon” or the “Company”) to The Riverside Company. The terms of the transaction were not disclosed.

Headquartered in Austin, Texas, Abracon is a leading global provider of highly-engineered electronic products, including timing, synchronization, RF, connectivity, power and energy solutions. The Company offers a comprehensive portfolio of premium branded products featuring 55,000+ unique SKUs to the high growth IoT, networking, smart metering, connected lighting, wearables, consumer electronics, automotive and industrial end markets. The Company serves a unique segment of the market, leveraging its highly technical global sales network and extensive engineering resources to serve as a design partner to its 25,000+ end customers early in the design phase on high-mix, low- to mid-volume programs. Abracon’s well-respected brand is known for unparalleled quality, engineering and design support, product breadth and customer service. For more information, please visit www.abracon.com.

Tim Bernardez, Co-founder and Managing Partner at EPP, commented, “The Lincoln team did an excellent job understanding Abracon’s value proposition and effectively conveying the Company’s growth story. Lincoln ran a highly competitive, disciplined process, that when combined with their deep experience in the electronics and industrial technology sectors, resulted in a highly successful outcome for the Company, its employees and its shareholders. Abracon is the second sale transaction in less than two years on which EPP has partnered with Lincoln, and in each transaction, Lincoln delivered highly attractive options and an outstanding result.”

Lincoln acted as the exclusive financial advisor to EPP and Abracon, working closely with the management and shareholders throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.

Evergreen Pacific Partners has sold Abracon Corporation to The Riverside Company
  • 2018
    Close Year
  • Technology, Media & Telecom
  • Private Equity
    Client Type
  • Financial | Domestic
    Transaction Type
  • USA

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