#USA #Boston #DelCam Capital #Gaston Electronics #Space Age Electronics

DelCam Capital Expands Manufacturing Solutions with Acquisition of Gaston Electronics

DelCam Capital, a Massachusetts-based private equity firm dedicated to scaling American manufacturing companies, has recently made waves in the industry with its acquisition of Gaston Electronics, renowned for its UL 508A Industrial Control Panels and vertically integrated electronics manufacturing. This strategic move is set to elevate DelCam's presence in the manufacturing sector by expanding its capabilities in control panel design, electronics manufacturing, and prefabrication while integrating Gaston into its established platform, Space Age Electronics.

The acquisition signifies more than just a merger; it establishes a solid framework aimed at addressing the ongoing skilled labor shortage troubling the American construction and infrastructure sectors. According to Steve Trotta, Managing Partner at DelCam Capital, this collaboration brings together the expertise of Gaston Electronics in high-reliability electronics and Space Age Electronics' leadership in engineered fire detection systems. Together, they aim to streamline installations and mitigate job site complexities, while leveraging prefabrication techniques on a larger scale.

Founded in 1993, Gaston Electronics has garnered a reputation for its commitment to quality and precision across various sectors, including HVAC, medical devices, and government projects. Scott Davis, CEO of Gaston, expressed pride in the company’s accomplishments and the trust formed with their client base. He highlighted that, in DelCam, they've found a partner aligned with their values, one that aims to invest in people and enhance operational effectiveness to facilitate the next phase of growth for the company.

The integration process will see Gaston joining under Space Age Electronics, with CEO Matt Grady leading the joint operations. By synchronizing engineering and procurement functions, the companies plan to develop more intelligent and modular solutions that directly respond to customer needs—especially given the pressing issue of skilled labor shortages within the construction industry.

DelCam Capital operates on a philosophy grounded in long-term value creation. They prioritize essential manufacturing and assembly solutions across various sectors, including building controls, fire safety, and HVAC markets. Their focus on addressing industrial bottlenecks through strategic acquisitions demonstrates their commitment to nurturing American jobs and fostering employee ownership.

Trotta further emphasized that DelCam's role is not merely as financial engineers but as builders, dedicated to delivering meaningful outcomes for all stakeholders involved. The firm is also on the lookout for further acquisitions that align with their vision for growth, targeting family-owned businesses in need of a strategic partner to navigate their expansion.

In conclusion, the acquisition of Gaston Electronics by DelCam Capital marks a significant advancement in the manufacturing landscape. As the new alliance expands its capabilities and product offerings, it brings innovative solutions to the forefront, directly addressing the labor shortages facing the construction sector while setting the stage for sustainable growth in the industry. As DelCam Capital forges its path forward, it stands poised to make a lasting impact on the manufacturing ecosystem by enhancing its existing capabilities and thereby enriching its stakeholder’s values and commitments.