kSARIA, a portfolio company of Behrman Capital, has acquired Compulink Cable Assemblies.
Compulink is a designer, prototyper, and manufacturer of cable and harness assemblies used by original equipment manufacturers in military, medical, and transportation applications.
The company’s product capabilities include coaxial, radio frequency (RF), military standard, miniaturized connectors, and custom designs. Compulink, co-founded in 1984 by Rob Wilkin and Steve Shevlin, has more than 300 employees and operates at 40,000 sq. ft. facility in St. Petersburg, Florida.
kSARIA is a manufacturer of harsh environment fiber optic and electrical cable assemblies and harnesses used in military and aerospace applications. The company also offers cable assembly design, product testing, installation, training, and logistics management services.
The buy of Compulink is kSARIA’s second add-on since Behrman acquired the company in September 2018. The company’s first add-on was the September 2019 buy of Co-Operative Industries Aerospace & Defense (CIA&D), a Texas-based manufacturer of electrical wiring harnesses, ignition leads, and flexible metal conduits used in aerospace and defense applications. kSARIA, founded in 2000 and led by CEO Anthony Christopher, is headquartered 30 miles north of Boston in Methuen, Massachusetts.
“Acquiring Compulink further enhances our connectivity solutions offering, following our successful integration of CIA&D late last year,” said Mr. Christopher. “Compulink’s formidable presence in battlefield and ground-based applications, as well as other defense and commercial applications, complements kSARIA’s strength in aerospace and naval solutions. Together, we will have expanded production and engineering capabilities, as well as access to new end markets that enable exciting growth opportunities.”
“We are pleased that kSARIA is building on its recent success with its second acquisition since our investment in 2018,” said Grant Behrman, managing partner of Behrman Capital. “The company has continued to deliver strong performance and has rapidly expanded its platform in the high-reliability optical and connectivity sector. The acquisition of Compulink accelerates this momentum, and we look forward to continuing to support kSARIA as it implements its organic and acquisition growth strategy.”
Behrman Capital invests in management buyouts, leveraged buildups and recapitalizations of established growth businesses that are active in defense and aerospace, healthcare services, and specialty manufacturing and distribution. The firm has raised more than $3 billion since its founding in 1991 and is currently investing out of its sixth fund. Behrman Capital was founded by Grant and Daryl Behrman and has offices in New York and San Francisco.
Private Equity Professional | August 26, 2020