DALLAS, Jan. 24, 2019 /PRNewswire/ -- Kratos Capital, a leading mergers and acquisitions advisory for privately held businesses, is pleased to announce the sale of its client, Protech Global Solutions to Compass Electronics Group, a portfolio company of Compass Group Equity Partners. The acquisition closed January 22, 2019.
Protech was founded in 2001. The company serves the global ECM (Electronic Contract Manufacturing) market from two locations, El Paso, TX and Juarez, Mexico. Protech's primary markets are, industrial, alternative energy, consumer goods, transportation, and lighting.
"This acquisition couldn't have come at a better time for our business as well as our personal goals, we're excited to partner with Compass Group," stated Leonard Lachmann, President of Protech.
Founded in 2014, Compass Group is a St. Louis-based private equity firm with a record of success in acquiring and building lower middle-market companies. Compass Group provides hands-on support and resources to aid management teams in exceeding historical performance and accelerating growth.
Kratos Capital Principal, Josh Bammel, established the initial relationship with Protech and successfully closed the deal.
"This transaction started with synergy and closed with much more," said Bammel. "Compass Group was the unique partner and our client benefited greatly from our firm's deep advisory resources."
PNC Business Credit provided the funding and ScottHulse PC provided legal to Protech.
SOURCE Kratos Capital