Douglas Electrical Components, a Portfolio Company of Astor Place Holdings, Acquires Electronic Products, Inc.
RANDOLPH, NJ—Douglas Electrical Components (“DEC” or “Douglas”), a manufacturer of epoxybased hermetic interconnects, has announced the acquisition of Electronic Products, Inc. (“EPI”).
Established in 1960, EPI designs and manufactures ceramic and glass-to-metal hermetic packaging. The Company is headquartered in Newburyport, Massachusetts and provides packaging solutions for space, aerospace and defense and high-reliability applications.
Chris Mosher, President of EPI said, “Douglas shares our commitment to developing innovative solutions for our customers with excellent service and quality, and we are excited to join the team. I know EPI’s customers will be well served by the access to a wider breadth of hermetic solutions.” EPI will remain in its current location and continue to be led by Chris Mosher and the existing management team.
Together, DEC and EPI will offer a comprehensive suite of high-value hermetic products and technologies to a broad range of customers. Ed Douglas, CEO of DEC said, “EPI is an established center of excellence for ceramic and glass-to-metal sealing technologies. We are thrilled to partner with them and provide customers with a one-stop-shop for epoxy, ceramic and glass-to-metal hermetic solutions.”
McDermott Will & Emery LLP and Coogan Smith LLP served as legal advisor to DEC and EPI, respectively.
About Electronic Products, Inc.
EPI is a powder-to-package electronics packaging manufacturer specializing in high temperature co-fired ceramic (HTCC) and hermetic glass-to-metal packaging solutions. EPI designs and manufactures custom and standard electronics packages for a broad range of applications including radio frequency and microwave, wireless, optical, vertical-cavity surface-emitting laser (VCSEL), laser diode, and power semiconductor. www.elecprodinc.com
About Douglas Electrical Components
Douglas Electrical Components pioneered the development and practical application of epoxy technology to electrical wire feedthroughs. Since then, the Company has developed a comprehensive line of hermetically sealed connectors, high performance military hermetic connectors, hermetic wires, hermetic feedthroughs, bulkhead electrical connectors, high-pressure and vacuum electrical feedthroughs to pin headers and electronics encapsulation products. Douglas Electrical Components is an ISO 9001 and ISO 14001 certified manufacturer. www.douglaselectrical.com
About Astor Place Holdings
Astor Place Holdings is the private investment arm of Select Equity Group, L.P. Astor Place deploys patient capital in partnership with exceptional management teams to drive long-term value creation in lower middle market North American companies. www.astorplaceholdings.com