Dallas, December 27, 2023–(BUSINESS WIRE)–General Equity, a leading M&A advisor to private companies, announces the sale of its client Allied Components International to Avnan Capital. . The transaction closed on December 4, 2023.
Allied Components International (ACI), headquartered in Foothill Ranch, California, designs and manufactures a variety of industry standard and custom magnetic components and modules. These products are used in networking, telecommunications, test equipment, power conversion, and many other applications in commercial and industrial markets.
ACI manufactures LAN magnetics, SMD power chip inductors, line filters, current sensing transformers, wire wound and air core inductors, multilayer and thin film inductors, standard and custom transformers, standard and custom toroids, common mode chokes, USB common mode chokes, RJ45 connector, ferrite bead.
Avnan Capital is an investment firm specializing in the acquisition or strategic partnership of electronic design, engineering, manufacturing, and distribution companies. The company is committed to advancing the electronics manufacturing industry by investing in companies that share a desire for continuous improvement and innovation for the betterment of customers and the planet.
Founded by Anuj Jain, Brian Church, and Alan Reid, Avnan Capital's team is comprised of entrepreneurs, business builders, and business owners in the electronics industry with over 100 years of combined experience. They understand the effort and energy it takes to build a successful business and are committed to working directly with their portfolio companies to protect their heritage and invest in their future success.
Avnan Capital is pleased to announce the addition of Gurpreet Sandhu to its team, who will play a leading role in the management and growth of its new portfolio company, Allied Components International. Gurpreet brings extensive experience from previous roles in the electrical and electronic manufacturing industry. With Gurpreet's leadership, Avnan Capital is confident in Allied Components International's future growth and success.
A team led by Generation Equity's Executive Managing Director of M&A (Western Region) Stephen Crisham and Managing Director of M&A Cole Preston will assist Amy Wall, Senior Vice President of M&A. I accepted and completed the transaction. His managing director, David Pickard, established his initial relationship with ACI.
“ACI's principals have built a great company and provided outstanding service to customers around the world for more than 30 years.Shareholders have endured many challenges over the past few years, but Avenin's We were fortunate that the team was flexible and able to work out a transaction that met the desires of all parties,'' Preston said.
Mr. Preston added, “Professional advisors on both sides contributed to a smooth transaction process that was greatly appreciated.”
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Generational Equity, Generational Capital Markets (FINRA/SIPC Member), Generational Wealth Advisor, Generational Consulting Group and DealForce are part of Generational Group, one of North America's leading M&A advisory firms headquartered in Dallas.
With more than 350 professionals in 16 offices across North America, the companies help business owners unlock business wealth by providing growth consulting, mergers and acquisitions, and asset management services. . Our suite of generational advisory services includes strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A services, digital services, and asset management.
M&A Advisor named Generation Equity Investment Banking Firm of the Year for third consecutive year, Valuation Firm of the Year in 2020, North American Investment Bank of the Year in 2022, and Consulting Firm of the Year. Global M&A Network was named Generational USA Investment Bank of the Year in 2023. For more information, please visit https://www.geneequityco.com/ or the Generational Equity Press Room.
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Carl Doerksen
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cdoerksen@generational.com
