Behrman Capital, a private equity investment firm based in New York and San Francisco, has acquired kSARIA Corporation (kSARIA), a producer and supplier of connectivity solutions for the aerospace and defence end markets. Financial terms of the transaction have not been disclosed.
Founded in 2000, kSARIA brings extensive process technology and engineering expertise to the high-reliability connectivity industry, offering interconnect products and services with superior performance, quality and value. The Company’s product offering includes high-reliability optical fiber, expanded beam fiber optic, copper, and RF cable assemblies and harnesses. Additionally, the Company offers custom fiber optic flex circuits for avionic and backplane applications. kSARIA also provides complementary services such as cable assembly design, qualification testing, installation, training, and logistics management.
Grant G Behrman, Managing Partner of Behrman Capital, says: “kSARIA has built an excellent franchise with a strong reputation in its niche, mission critical fibre optic connectivity solutions market. This transaction builds upon our strong aerospace and defence industry track record, following our recent acquisition of Corfin Industries and previous highly successful investment in Data Device Corporation. We are very enthusiastic about our new partnership with kSARIA, and we see significant potential in the next stage of the Company’s growth trajectory both through organic initiatives and select acquisitions. We look forward to working with the kSARIA team to build on the Company’s success to date.”
Anthony J Christopher, kSARIA’s President and Chief Executive Officer, adds: “kSARIA stands alone as the premier, fiber optic interconnect, manufacturing technology leader – enabled through our proprietary process technologies. The Company provides products to over 150 aerospace and defence customers and programs with mission critical interconnect solutions – from cable assembly design, and fabrication and installation, to training and logistics management. We are excited to partner with Behrman Capital to build upon the many opportunities to leverage kSARIA’s advanced manufacturing technologies, diverse program portfolio, and blue-chip customer relationships to fuel the Company’s growth in the months and years ahead.”
Behrman is investing in partnership with members of kSARIA’s senior management team, which will continue to lead the Company.
Canaccord Genuity acted as exclusive financial advisor to kSARIA in connection with the transaction.
