< All Transactions
PGF Technology Group and MIS Controls have been recapitalized by Watervale Equity Partners
PGF Technology Group and MIS Controls have been recapitalized by Watervale Equity Partners

PGF Technology Group and MIS Controls have been recapitalized by Watervale Equity Partners

Watervale Equity Partners acquired PGF Technology Group and MIS Controls, a diversified electronics manufacturing services provider. PGF Technology Group and MIS Controls primarily serve the industrial robotics, industrial automation, and the medical equipment end markets. Both companies are based in Rochester Hills, Michigan. EdgePoint served as the exclusive financial advisor to PGF Technology Group and MIS Controls. Terms of the transaction were not disclosed.

Founded in 1970, PGF Technology Group (https://www.pgftech.com/) provides cable and wire assemblies, printed circuit board assemblies, and box build assemblies. MIS Controls (https://www.miscontrols.com/) was founded in 2014 to provide solutions for industrial control panels and enclosures.

Headquartered in Cleveland, Ohio, Watervale Equity Partners is a lower middle market private equity investor dedicated to partnering with owners and management teams to generate long-term, sustainable value.

EdgePoint is a leading boutique investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.

 

Our clients say...

Naji Gebara, Ph.D.  CEO, PGF Technology Group

“EdgePoint was handed our lifetime work, sweat and tears, and our legacy for the next generation.  As a family-owned business with a succession plan already in place, PGF Technology Group and MIS Controls faced the challenge of ensuring sustained growth and innovation for the future.

EdgePoint’s understanding of the electronics assembly sector was crucial to present a road map outside traditional pathways.   We created a bond beyond any relationship with all the invested time EdgePoint had put in learning about our industry, core values, and long-term goals. We are able to expand our teams further as a result of EdgePoint’s due diligence in finding us the right investor. We are now equipped with the resources and partnerships to propel PGF and MIS into an exciting new era”