July 2020, Waterdown, South Dakota

Middle market private equity firm One Equity Partners (OEP) has completed the acquisition of Spartronics from Sparton Corporation (Sparton). Financial terms of the transaction have not been disclosed. 

Headquartered in Watertown, South Dakota, Spartronics, formerly Sparton’s Manufacturing & Design Services (MDS) business, provides engineering, contract design, manufacturing and aftermarket repair of printed circuit card assemblies, sub-assemblies, full product assemblies, and cable/wire harnesses, which are used by original equipment manufacturers (OEMs) across the aerospace, medical, and industrial markets. The Company operates nine facilities in the US and one in Vietnam. 

 
“Spartronics is poised to take advantage of new opportunities as major OEMs are increasingly demanding advanced electronics manufacturing services and outsourced solutions in North America and globally,” says Chip Schorr, Senior Managing Director at OEP. 

One Equity Partners acquires Spartronics – Private Equity Wire