ClearLight Partners, LLC Announces Sale of Switchcraft to HEICO
NEWPORT BEACH, CA December, 2011 – ClearLight Partners, LLC recently completed the sale of Switchcraft, a designer and manufacturer of high-performance electronic connectors, to HEICO Corporation, a public-traded company with headquarters in Florida that is focused on the aviation, defense, space, medical, telecommunication and electronic industries. ClearLight originally invested in Switchcraft in March 2005, and enjoyed a successful partnership growing the business with senior management.
ClearLight continues to actively seek companies in the following industry sectors:
- High value-added manufacturing businesses like Switchcraft that have significant engineering content and strong competitive positions
- Consumer products / food
- Business services
- Education & training
Founded in 1946, Switchcraft is a premier designer and manufacturer of high-performance electronic connectors, cable assemblies, and other value-added products and systems used in diverse applications in the global electronics industry. Headquartered in Chicago, Illinois, the Company operates state-of-the-art manufacturing facilities in Chicago, Illinois, Villa Park, Illinois, and Inchon, Republic of South Korea. For more information, visit www.switchcraft.com.