Centre Partners has acquired Group Dekko, an Indiana-based umbrella company composed of a number of facilities producing specialty subcomponents for various electronic devices. Financial terms of the transaction were not disclosed.
The group’s companies include providers of highly engineered electrical, wire, plastic and metal subcomponents. These components are produced for the office furniture, transportation, lighting, appliance, medical device and consumer product end markets.
The group utilises 190 active, pending and provisional patents in its manufacturing activities. The group’s companies operate under the Dekko Technologies and Pent Technologies names.
Based in New York, Centre Partners is a middle market private equity firm that also has offices in Los Angeles and Dallas. The firm is making the investment through its fourth fund, Centre IV, which has approximately $780 million (€620 million) of committed capital.