abracon acquisition genstar capital [shutterstock: 1007642434, Monster Ztudio]
[shutterstock: 1007642434, Monster Ztudio]
Press Release SAP Community

Abracon Announces Acquisition By Genstar Capital

Abracon announced it has been acquired by Genstar Capital, a private equity firm focused on investments in targeted segments of the industrials, financial services, healthcare, and software industries.

Abracon’s technical expertise and product offerings span frequency control and timing devices, inductor and connectivity products, and RF and antenna solutions through a global distribution network. Premier brands powered by Abracon include Ecliptek, Fox, and ProAnt which enable innovative and connected IoT solutions in markets spanning communication, consumer, transportation, medical, industrial, aerospace, and defense.

With this announcement, Mike Calabria, who has led the growth and transformation of the company for the past seven years, assumes the position of Executive Chairman. Tony Roybal, who joined the company in 2021 as Chief Operating Officer, has been appointed President and Chief Executive Officer.

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