Promark Electronics has been sold to Electrical Components International, a portfolio company of Cerberus Capital
Promark Electronics is a manufacturer of wire harnesses and cable and electromechanical assemblies utilized by commercial electric vehicles and other technically complex, mission-critical products.
With the growing demand for commercial electric vehicles, Promark Electronics has developed high-voltage cable and assemblies as part of its ProEV™ platform, which has made it a trusted partner to leading commercial electric vehicle manufacturers.
Promark Electronics was founded in 1987 by Syd Knecht and is headquartered in Montreal, Quebec, Canada. The Knecht family, Jarred, Brandon and Robert, will continue to lead the Promark Electronics team. For more information, please visit www.pmk.com.
Lincoln acted as the exclusive financial advisor to Promark Electronics, working closely with the management team and shareholders throughout the sale process. This included providing mergers and acquisitions and industry expertise as well as closely managing all aspects of the process, including the preparatory, marketing, negotiation and due diligence phases of the transaction. Terms of the transaction were not publicly disclosed.
Meet our Senior Team
View More Transactions in Industrials
Lincoln International is pleased to announce that Nucor Corporation (NYSE: NUE) has entered into a definitive agreement to acquire Hannibal Industries
Lincoln International is pleased to announce that it has advised H.I.G. Europe on the sale of Texbond S.p.A. to Quadrivio Group
Lincoln International is pleased to announce that Operational Solutions Ltd (OSL) has executed a co-operation agreement with Thales Group in C-UAS, UTM and UK ground-based air defense
Lincoln International is pleased to announce that it has supported the specialty chemicals company Pulcra Chemicals on the acquisition of Devan from Pentahold
Lincoln International is pleased to have represented Accent Equity in the divestment of Brenderup Group to Storskogen
Lincoln International is pleased to announce that Guardian Capital Partners has sold CIS Global to nVent Electric plc (NYSE: NVT)
Lincoln International is pleased to announce that it has advised Bravo Invest on the financing of its acquisition of Lorenzi S.r.l.
Lincoln International is pleased to announce that it has advised Ravago Group on the acquisition of the chemical distribution activities of Indukern Group