Friday, October 21, 2011

ClearLight Partners Sells Electronics Connector Firm

Newport Beach-based private equity firm ClearLight Partners said Friday that it has sold 100 percent of Switchcraft Holdco, Inc., a manufacturer of high-performance electronic connectors, cable assemblies, and other products, to HEICO Corporation. Financial details of the deal were not announced. ClearLight has $600M in assets under management.

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