Private investment firm Auxo Investment Partners has acquired Golden State Assembly (GSA), a vertically integrated, complete lifecycle wire/cable assembly and harness manufacturer headquartered in Fremont, California.
GSA founders Cesar and Yesenia Madrueno will retain a significant interest in the company and will remain in their operating roles.
Founded in 2007, GSA primarily designs and assembles wire harnesses and cable assemblies for a variety of customers in the automotive, aerospace, industrial equipment, medical device, electronics, specialty vehicle, and energy industries that range from Fortune 50 companies to small and medium-sized organisations.
GSA also provides value-add manufacturing services such as kitting, electromechanical assemblies, and outsourced quality control processes, and has in-house machine shop and PCB assembly capabilities that allow the company to deliver new projects in record time with high quality from the start.
