Calabasas Capital, a boutique investment banking firm (a dba of Fallbrook Capital, member FINRA/SIPC), announced that its client Global Supply, LLC has completed the successful acquisition and integration of the business assets of Innovative Plastics.
Based in Campbell, California, Global Supply is a manufacturer and distributor of specialty electronic fasteners, interconnects, hardware, thermally conductive materials, as well as test and measurement equipment.
The Innovative Plastics brand includes a variety of printed circuit board hardware products, including card guides, card ejectors, and other nylon assembly hardware products.
“The product lines acquired are complementary to our TekNational business which has been at the forefront of the Electronic Hardware Component and Thermal Insulation field for over 41 years,” said Global Supply’s president, Lance Archer.
Andrew Williamson, managing director at Calabasas Capital, added: “We continue to see attractive opportunities for specialty niche market acquisitions in the fastener and interconnect segment, and are excited to support Lance in targeting the right strategic acquisitions for sustained growth.”