Vance Street Capital on Monday said it made another tech acquisition to beef up a portfolio company.
The West L.A. private equity firm announced it had closed on the purchase of Lark Engineering, a San Juan Capistrano designer and manufacturer of radio frequency filters for commercial, industrial and military uses. RF filters are used in telecommunications systems.
Lark becomes a division of Secure Communication Systems, a Santa Ana maker of specialty computing systems, encryption equipment and other communications products for defense and industrial uses. Vance Street acquired that business 2009.
Terms of the Lark deal were not disclosed, but Vance Street said Fifth Third Bank provided the debt financing.
This is Vance Street’s second add-on acquisition for Secure Communication. In May it acquired Smart Electronics, an Anaheim provider of electronic circuit boards, sub-assemblies and other components for defense and aerospace products.
For reprint and licensing requests for this article, CLICK HERE.
Stories You May Also Be Interested In
- Vance Street Capital Sells Secure Technology
- Regional Report
- Platinum Equity’s Lonza deal finalized
- Private Equity Firm Sees Filter Maker as Pure Play
- Medical Unit Gets Surgical Operation
- Deals & Dealmakers: Regis Buy Puts Regent on Radar
- Cache Creek Industries Buys Automated Business Power
- PE Roundup: Private Equity Deals Announced This Week