The private equity firm Behrman Capital this week said it has acquired Corfin Industries, a provider of component preparation services for microelectronics in the defense, commercial aerospace, space, and healthcare industries.
Terms of the deal were not disclosed.
New Hampshire-based Corfin has 14 Robotic Hot Solder Dip lines used to handle tens of thousands of parts daily for customers.
“Corfin has a well-earned reputation as a trusted defense and aerospace industry supplier, working to prevent catastrophic failures in mission and life critical systems for over 25 years,” Grant Behrman, managing partner at Behrman Capital, said in a statement. “This transaction builds on our own industry track record, following the highly successful sale of Data Device Corporation in 2016. We see a great opportunity to grow Corfin’s business organically with new and existing customers, as well as through select acquisitions of adjacent suppliers.”
Members of Corfin’s senior management team are also investing in the acquisition.