Monday, January 23, 2017

Source Photonics Sold By Francisco Partners

West Hills-based optical components maker Source Photonics, which was owned by Francisco Partners, has been sold, to a private equity group led by Redview Capital and Asia-IO, and also including TR Capital, Axiom Asia and Aberdeen Asset Management. Financial terms of the acquisition were not announced. Francisco Partners acquired Soruce Photonics in October of 2010, from MRV Communications. Source Photonics was advised by Evercore and CITIC Securities in the deal. Source Photonics is a maker of optical transceivers that are plugged into high speed optical networking equipment.

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