Compass Electronics Solutions has sold its Texas and Mexico-based operations to East West Manufacturing

Compass Electronics Solutions

The El Paso, Texas, and Juarez, Mexico-based operations of Compass Electronics Solutions (CES), formerly known as Protech Global Solutions, offers electronics design, development, manufacturing and support services. The company also provides product design, engineering and testing services as well as cable and wire harness capability. CES caters to medical and life sciences, aerospace and defense, retail and finance, agriculture and transportation sectors.

The Deal

Compass Group acquired Protech Global Solutions in 2019 for its near-shore manufacturing capabilities, access to high-quality customers and exposure to rapidly growing end markets. During Compass Group’s ownership, Protech expanded its operating footprint, implemented strategic profitability initiatives and realized material new customer and program wins. The Compass Electronics Group Platform began in 2017 with the acquisition of Manufactures Assemblies Corporation in Dayton, Ohio, and was followed with three subsequent add-on acquisitions, including Protech.

Once the four businesses were assembled, Compass Group augmented the senior leadership team and partnered with them to rationalize the customer mix, implement an enterprise resource planning system and invest in research and development. In September 2021, Lincoln advised Compass Group on the sale of Beacon EmbeddedWorks to discoverIE Group plc, a publicly traded FTSE 250 company listed on the London Stock Exchange. For more information on the transaction, please visit here. The sale of the Texas and Mexico operations of CES represents the full realization of the company by Compass Group.

Our Perspective

Chaim Lubin, Managing Director in Lincoln’s Technology, Media and Telecom Group, commented, “It’s been a great pleasure to have represented Compass Group and its shareholders on this cross-border transaction. We are excited for the entire CES team and look forward to following their continued growth.”

Compass Group

Compass Group, founded in 2015, is a St. Louis, Missouri-based private equity firm with a record of success in acquiring and building lower mid-market companies. Ranked #30 in the Top 150 Privately Held Companies for 2020 by the St. Louis Business Journal, Compass Group’s investors are comprised of family offices, institutions and the principals of Compass Group. By leveraging the expertise of these individuals, in addition to capital, Compass Group provides hands-on support and resources to aid management teams in exceeding historical performance and accelerating growth.

East West

Based in Atlanta, Georgia, East West is an integrated global design, engineering, manufacturing and distribution services partner for original equipment manufacturers and distributors throughout North America and Europe. With North American operations in Georgia, North Carolina, Wisconsin, Texas, Massachusetts, Canada and Mexico and international operations in Costa Rica, Vietnam, China and India, the company utilizes a global design team, transparent supply chain, on-site quality control and flexible logistics systems to provide its customers with superior products and competitive cost advantages. Founded in 2001, East West offers its customers a differentiated breadth of onshore, nearshore and offshore design, engineering, manufacturing and distribution capabilities to serve the full spectrum of customer needs, ranging from new product design to full-scale production and distribution.

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