Analysis

Sparton acquires Stealth.com

18th March 2015
Jordan Mulcare
0

Sparton announced that its wholly owned subsidiary, Sparton of Canada, completed the acquisition of Stealth.com, on 16th March, 2015 in an all-cash transaction.

Founded in 1990, Stealth.com is a build-to-order; specialty configurator of high performance ruggedised industrial grade computers systems and peripherals that include mini PCs, rackmount server PCs, portable PCs and LCD touch screen displays. These products service military, government, industrial and commercial markets.

"The addition of Stealth.com meets the criteria of our growth strategy by further expanding our engineered components and products offering in the ruggedised electronics space," stated Cary B. Wood, President/Chief Executive Officer, Sparton. "Stealth.com complements our existing offerings under Aydin Displays and KEP Marine, allowing us to serve a wider breadth of customers with a greater depth of products and services."

"We are looking forward to joining Sparton and taking the next step in the evolution of Stealth.com," commented Ed Boutilier, President, Stealth.com. "We have been impressed by the leadership, their strategies for growth and the complement of product lines that we will join under Sparton's Engineered Components & Products business unit."

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