New Canaan (CT), Lustenau (Austria) — August, 2014
SIE Computing Solutions, Inc., a leading provider of specialized rugged electronic systems for mission-critical and performance-critical embedded computing platforms deployed in harsh environments has been acquired by RFE Investment Partners.
With an almost 40-year legacy of providing enclosures, backplanes, system integration and custom solutions for VME, VPX, CompactPCI, xTCA, small form factors and more, SIE Computing Solutions, Inc., solutions are developed with a board-agnostic approach to match the precise specifications and supplier preferences of customers in the military, transportation, oil & gas exploration, medical, telecommunications and other industrial/emerging markets. ISO 9001/2008, ISO14001/2004 and AS9100 certified. SIE Computing Solutions, Inc., is based in Brockton, MA.
Through this divestment, System Industrie Electronic Holding AG strengthens its capabilities for investment and strategic development of its companies through organic and inorganic growth. CEO Udo Filzmaier: “We see great opportunities in strategically developing our European companies in the medical device technology and industrial markets. Re-Focusing on those ventures will allow us to push them forward much faster.”
About System Industrie Electronic Holding AG
System Industrie Electronic Holding AG manages a global family of companies that supply electronics solutions, components and services to leading industry for applications in the medical, government/security and industrial markets all over the world.
Originally founded in 1994 in Lustenau, Austria by Udo Filzmaier, System Industrie Electronic Holding AGs Companies have seen steady growth through highly specialized research and development dedicated to targeted deployment in new and emerging markets. The entire family of companies is dedicated to work based upon transparent quality assurance systems in accordance with ISO and other international industry-specific standards bodies.
About RFE Investment Partners
RFE Investment Partners (based in New Canaan, CT), founded in 1979, is a leading private equity firm that has consistently focused its investment activities on companies operating in the lower middle market. Currently investing from its eighth committed fund, RFE Investment Partners VIII, RFE seeks to partner with management teams of market leading manufacturing, business service and health care service companies. For more information, visit http://www.rfeip.com/.