logo
logo

Qnnect™ Acquires Connectronics

Oct 03, 2022almost 3 years ago

Acquiring Company

Qnnect

Acquired Company

Connectronics

Painesville

Description

QnnectTM ("Qnnect") a portfolio company of Arcline Investment Management ("Arcline") today announced the acquisition of Connectronics, Inc., an industry-leading designer and manufacturer of RF connectors. Qnnect now brings together Connectronics with Meritec, Joy Signal Technology, and Custom Interconnects.

Company Information

Company

Qnnect

Location

Painesville, Ohio, United States

About

Qnnect (pronounced: "Connect") is a leading global producer of highly engineered electronic interconnect solutions for high-density and high-speed applications of leading original equipment manufacturers. Qnnect's connector and interconnect businesses have over 100 years of combined experience as trusted partners in the Defense & Aerospace, Hi-Rel, Semiconductor, Test & Measurement, and Consumer Electronics markets. For more information, visit www.qnnectnow.com.

Related People

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed