Behrman Capital
Assembly Line
Micross Acquires Integra Technologies, Creating the Leading U.S. Domiciled OSAT Provider
Micross Components, Inc. has acquired Integra Technologies, a leading U.S.-based provider of comprehensive semiconductor assembly, testing, and qualification services. The acquisition expands Micross’ semiconductor assembly, packaging, and test capabilities, positioning the company as a leader in U.S.-based OSAT services. Integra Technologies’ expertise in high-reliability applications and end markets, including aerospace, defense, medical, and automotive, will augment Micross’ capabilities and accelerate its ability to deliver cutting-edge solutions to customers. The acquisition also broadens Micross’ geographic footprint in the U.S. and expands its presence in medical and other high-reliability end markets. With the combined expertise of Micross and Integra, the company is well-positioned for future growth opportunities in the high-reliability microelectronics market.
Behrman Capital to Sell Portfolio Company kSARIA to ITT for $475 Million
Behrman Capital, a private equity investment firm based in New York, announced that it has entered into a definitive agreement to sell its portfolio company kSARIA Holdings, a leading producer and supplier of mission-critical connectivity solutions for the aerospace and defense end markets, to ITT Inc. (“ITT”, NYSE: ITT) in a transaction valued at approximately $475 million.
Founded in 2000, kSARIA brings extensive process technology and engineering expertise to the high-reliability connectivity industry, offering interconnect products and services with superior performance, quality and value to the Mil/Aero end market. The Company’s products support applications for avionics, sensors, communications and networking on coveted platforms with defense prime contractors and commercial aerospace leaders. The majority of the Company’s positions are sole or primary source. kSARIA is also the only provider in its space offering a combination of ruggedized fiber optic and electrical solutions with complementary service offerings. kSARIA’s proprietary engineering and manufacturing capabilities in both fiber and electrical interconnect technologies enable it to deliver mission-critical, engineered products which must survive and function in harsh environments.