PE-backed Lithion acquires Aved Electronics
Lithion Power Group Ltd, a portfolio company of Canadian private equity firm TriWest Capital Partners, has acquired Aved Electronics Inc. No financial terms were disclosed. MFA Capital Advisors was the financial adviser to Aved on the deal. Aved Electronics is a New England-based manufacturer of custom cable, wire and harness assemblies as well as battery packs, electro-mechanical assemblies and box builds. Headquartered in Calgary, Lithion is a provider of mission-critical power solutions to the oil and gas pipeline industries.
9 September 2019•2 mins read
