Vance Street Capital Snaps Up Smart Electric & Assembly

Vance Street Capital, a Los Angeles-based buyout shop, has acquired Smart Electronics & Assembly Inc. Based in Anaheim, Calif., Smart Electronics is a provider of electronic circuit boards, sub-assemblies, modules to the defense, commercial aerospace, industrial and homeland security markets. The deal is the first add-on acquisition for Secure Communication Systems. Terms of the deal were not released.

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