TrueNorth Advises G.W. Lisk Company on its Acquisition of Tico Electronics
STAMFORD, CT, December 5, 2022 – TrueNorth Capital Partners LLC is pleased to announce that its wholly-owned subsidiary, TNCP, LLC (“TrueNorth”) acted as exclusive M&A advisor to G.W. Lisk Company (“G.W. Lisk”), a global leader in engineered solutions for aerospace, defense, on/off highway, and mobile industrial hydraulics, on its acquisition of Tico Electronics (“Tico”), a Costa Rican manufacturer specializing in complex assemblies including wire windings, cable harnesses, and other electro-mechanical solutions.
Tico’s history of focusing on difficult assemblies that require both machine and highly skilled labor will support G.W. Lisk’s continued desire to meet the needs of their customers across a variety of industries. “The complementary nature of capability and employee talent will enhance our opportunities to serve our customers” said, G.W. Lisk President and CEO, Ed Maier. Maier added “Tico Electronics will continue to build on Lisk’s strong reputation of high quality and high-performance products”.
Tico will continue to operate independently as a division of G.W. Lisk. Members of the Tico executive team will work alongside G.W. Lisk to realize the benefits of this business combination. Tico Electronics’ Managing Director, Marko Mileta, commented “Tico Electronics is excited to join G.W. Lisk. We believe our strengths are very complementary to G.W. Lisk’s product, technology, and customer base”.
About G.W. Lisk Company
G.W. Lisk Company is a global leader in the design and manufacture of engineered solutions including electrical actuators, solenoids, solenoid valves, linear and rotary position sensors, and flame arrestors. It serves hundreds of customers in diverse markets throughout the world with market-leading solutions enabled by G.W. Lisk’s extensive design, test and manufacturing capabilities. For more information about G.W. Lisk Company visit www.gwlisk.com.
About Tico Electronics
Tico Electronics is a contract manufacturer specializing in complex assemblies that require both machining and highly skilled labor. It provides wire windings, cable harnesses, other electro-mechanical solutions, and machining to its customers in a variety of industries including aerospace, medical, industrial, alternative energy and more. For more information about Tico Electronics visit www.ticoelectronics.com.
Any further inquiries can be directed to TrueNorth at the contact information provided below:
Jeffrey Gaynor, Managing Director
Direct Dial Phone Number: (203) 817-0277
Email address: email@example.com
Mark Crouch, Managing Director
Direct Dial Phone Number: (913) 320-2674
Email address: firstname.lastname@example.org
About TrueNorth Capital Partners LLC:
TrueNorth provides advisory services to companies seeking advice for middle-market M&A and financing transactions. With offices in Stamford CT, Charleston SC, Central, NJ, Naples, FL, Minneapolis, MN, Kansas City, KS and London, UK, TrueNorth is a boutique investment bank comprised of senior bankers providing a full complement of financial advisory services. Our focus on the middle-market enables us to provide independent, value-added advisory services to privately held middle-market companies, private equity and family office groups and corporate clients, both domestic and international, across a broad range of industries. TrueNorth conducts its securities related business through its wholly owned subsidiary, TNCP, LLC, member FINRA/SIPC.
About Scout Valuations LLC:
Scout Valuations, a wholly owned subsidiary of TrueNorth, is fully dedicated to business valuation. We provide thorough, independent valuation analyses together with superior client service and responsiveness. Our analyses combine a detailed understanding of the business, industry and economic context, with the insight to address complex valuation issues regarding your business.