RFE Investments has sold Atrenne Integrated Solutions to Celestica

Lincoln International (“Lincoln”), a leading global mid-market investment bank, is pleased to announce the sale of Atrenne Integrated Solutions, Inc. (“Atrenne” or the “Company”), a portfolio company of RFE Investment Partners, LLC (“RFE”), to Celestica, Inc. (“Celestica”). Celestica will purchase Atrenne on a cash-free and debt-free basis for USD 139 million.

Founded in 2014, Atrenne is a leading designer and manufacturer of ruggedized electromechanical solutions, primarily for the aerospace and defense markets. Headquartered in New Hope, Minnesota, with additional facilities in Brockton, Massachusetts, and Xiamen, China, Atrenne offers a complete suite of vertically integrated capabilities, from design and manufacturing to testing and fulfillment. The Company’s highly engineered backplanes, circuit card assemblies and enclosures are deployed for mission-critical applications and within harsh environments. Atrenne supports leading military and commercial aerospace OEMs as a sole-source provider on over 100 long-term programs. Additional information is available at www.atrenne.com.

Ned Truslow, Managing Director at RFE, commented, “Lincoln’s extensive experience within the electronics and aerospace and defense industries, their strong relationships with the global universe of acquirers and their excellent process execution capabilities, enabled an exceptional outcome for Atrenne, RFE and Celestica.”

Lincoln acted as the exclusive financial advisor for RFE and Atrenne, working closely with the Company’s management team and shareholders throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.

RFE Investments has sold Atrenne Integrated Solutions to Celestica
  • 2018
    Close Year
  • Aerospace & Defense | Industrials | Industrial Technology
    Industry
  • Private Equity
    Client Type
  • Strategic | Cross-border
    Transaction Type
  • Canada | USA
    Countries

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