Spectrum Controls

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has been acquired by

Spectrum Controls provides industrial control products for a variety of end markets
The company has a long history of being a major hardware partner for a number of leaders in the industrial technology space and has an exemplary track record with its customers and suppliers

Spectrum Controls’ Founder & President felt it was the right time to sell his business
The company’s management team sought to find a buyer partner that would allow Spectrum to accelerate growth with greater resources while preserving the company as a cohesive entity with minimal changes for current employees and processes
Spectrum engaged Cascadia to help find strategic partners with experience in the industrial technology sector

Cascadia positioned Spectrum around its technological expertise in product development, advantageous relationships with industry partners, and strong financial profile
Cascadia had conversations with relevant strategic buyers to find a firm with a complementary fit in product line as well as navigating complicated exclusivity agreements and partnership programs
A public strategic with similar industry relationships and a highly correlated product offering saw the synergistic value of adding Spectrum’s products and engineering knowhow into its overall strategy and acquired the business