ATLANTA, GA – NOVEMBER 18, 2019 —
East West Manufacturing, LLC (“East West” or the “Company”), a global design, manufacturing and distribution business, announced today that it has acquired Adcotron EMS, Inc. (“Adcotron”), a provider of specialized electronics manufacturing services, including advanced printed circuit board assemblies, box-build assemblies, testing, and new product introduction services. Adcotron was founded in 2005 and is located in the heart of Boston, Massachusetts. This acquisition further enhances the growth of East West by adding a well-established operation in one of the Northeast’s key innovation centers. Adcotron also advances East West’s strategic focus on growing its domestic electronics manufacturing capabilities and expanding its U.S. manufacturing operations.
“We are excited to partner with Adcotron to expand our manufacturing operations in Boston.” said Scott Ellyson, East West co-founder and CEO. “Adcotron has a phenomenal reputation for putting its customers first and has an established presence in a variety of high-growth sectors such as medical equipment, robotics and telecommunications. This acquisition allows us to offer our customers even greater domestic, higher mix, lower volume, quick turn electronic manufacturing services. Being in Boston, a rapidly growing technology center, is especially exciting. Best of all, our collective design, manufacturing and supply chain capabilities will enable us to provide even higher levels of service and support to customers on a global basis.”
East West Board Member Bob Nardelli said, “Expanding the company’s operations to Boston aligns perfectly with our strategy of building our portfolio by incorporating companies offering innovative and diverse solutions to our collective and growing customer base.”
Alex Mammen, Heritage Growth Partners founder and East West board member added, “The addition of Adcotron, our first acquisition outside the Southeastern U.S., provides East West with the ability to marry its high-volume international design, manufacturing and distribution capabilities with a well-respected, domestic manufacturer to address the full spectrum of customer needs from new product design and development to full-scale production. We expect the East West-Adcotron combination to gain significant market share through these expanded capabilities, particularly within the growing corporate and public innovation centers in and around Boston and the Northeastern U.S.”
Agnes Young, founder and CEO of Adcotron said, “The leadership team and associates here at Adcotron are excited about joining the East West family. Our capabilities, culture and customer first focus align perfectly. We expect the new combined company to help our customers continue to grow!”
About East West Manufacturing, LLC
Based in Atlanta, Georgia, East West is a global design, manufacturing and distribution services partner for original equipment manufacturers and distributors throughout North America and Europe. With domestic operations in Georgia, North Carolina and Massachusetts and international operations in Costa Rica, Vietnam, China and India, the Company utilizes a global design team, transparent supply chain, on-site quality control and flexible logistics systems to provide its customers with superior products and competitive cost advantages. Founded in 2001, East West offers its customers a differentiated breadth of onshore, nearshore and offshore design, manufacturing and distribution capabilities to serve the full spectrum of customer needs ranging from new product design to full-scale production and distribution.
About Adcotron EMS, Inc.
Founded in 2005, Adcotron is an advanced electronics manufacturer of high mix, high complexity, low-to-medium volume products that specializes in box builds, PCB assembly, NPI, prototyping, supply chain management, system integration, and testing services for the medical, industrial equipment, telecommunications, energy, and defense industries. Adcotron is an ITAR Compliant and ISO 9001:2015 and ISO 13485:2016 Certified company based in Boston, MA.
For more information visit: www.adcotron.com
About Heritage Growth Partners LLC
Heritage Growth Partners LLC is an Atlanta-based private, family investment office focused on serving owner-managers and their companies to accelerate growth and create long-term value. Heritage takes a collaborative approach to investing, with the goal of building true partnerships with management that are enhanced by its patient and flexible family capital and its ongoing strategic, financial and operational support.
For more information visit: www.heritagegrowth.com