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Court Square completes acquisition of Wyle

Court Square Capital, a private equity firm, has completed the acquisition of Wyle, a US-based engineering services company.

Court Square Capital, a private equity firm, has completed the acquisition of Wyle, a US-based engineering services company.

Terms of the transaction are not available.

The seller, the private equity firm Littlejohn, acquired Wyle in 2003 and made additional investments in 2005 and 2008 to broaden the company’s service offering and customer base.

Wyle generates approximately USD800m in annual sales and has more than 3,800 employees at 40 primary locations around the country. All aspects of Wyle’s operations, organisation structure, and management team remain unchanged.

"We are excited about Wyle’s future prospects with a strong new financial partner which will facilitate strategic investments to achieve the company’s growth aspirations," says George Melton, Wyle’s chief executive and president.

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