Wednesday, October 28, 2015
Benchmark Electronics Buys Secure Technology Company For $230M
Angleton, Texas-based Benchmark Electronics, which provides electronic manufacturing services to OEMS, has acquired Secure Technology Company, a developer of ruggedized computers for the military and other markets. The deal was worth $230M in cash. Benchmark Electronics acquired Secure Technolgoy Company from private equity investor Vance Street Capital. Secure Technology was advised by Harris Williams & Co. and O'Melveny & Myers in the deal; and Benchmark was advised by J.P. Morgan Securities and Sheppard, Mullin, Richter & Hampton LLP, according to the companies. Secure Technology Company is based in Santa Ana, California.