DALLAS, June 23, 2015 /PRNewswire/ -- Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, Rel-Tech Electronics Inc., headquartered in Milford, Connecticut, by RF Industries Ltd., headquartered in San Diego, California. The acquisition closed on June 5, 2015.
Founded in 1986, Rel-Tech Electronics is a leading manufacturer of custom cable assemblies and wiring harnesses. It offers a full range of value-added services, including product design, prototyping, stocking, bill of materials (BOM) management, consignment, and fulfillment programs. To learn more, visit www.rel-tech.com.
Managing Director Doug Smith and his team, including affiliate George Nova and Vice President Ryan Johnson, led the Generational Equity deal team that advised Rel-Tech on the transaction. "Our clients are particularly pleased to be selling their business to RF Industries who will keep the plant in Connecticut and protect the jobs of its 60 employees," said George Nova.
RF Industries is a leading designer and manufacturer of innovative interconnect products and complex cable assemblies across diversified, high growth markets including wireless carriers and infrastructure, medical and industrial. The Company's products include RF connectors, coaxial and custom cable assemblies, fiber optic cables, wiring harnesses and medical wiring. The Company's connectivity products are used throughout the growing and evolving infrastructure of wireless communications. Through its newly acquired Rel-Tech Electronics, Inc. and Comnet Telecom Supply, Inc. subsidiaries, the Company also manufactures and sells other cabling technologies and data center equipment solutions. The Company has reported 21 consecutive years of profitability and is headquartered in San Diego, California with operations in Las Vegas, Nevada, Yaphank, New York, East Brunswick, New Jersey and Milford, Connecticut. Please visit the RF Industries website at www.rfindustries.com.
About Generational Equity
Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their companies successfully. Generational Equity uses a four-phase approach that includes education, financial analysis and reporting, sales documentation and deal-making ability to offer business owners an unparalleled level of commitment and experience, all focused on helping to release the generational equity and wealth in every business. Generational Equity is headquartered in Dallas, TX, has more than 200 professionals in North America, and was recently recognized by the M&A Advisor as the Valuation Firm of the Year. For more information visit the following websites at www.genequityco.com, www.gecpress.com or http://blog.genequityco.com/.
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