Communication Power Companies (CPC), a US-based, vertically integrated, design-build manufacturer of custom RF and microwave power amplifiers for military, industrial, scientific and medical applications has merged with STI-CO, a vertically integrated, design-build manufacturer of custom, high-performance, antenna systems. STI-CO was founded in 1967 and headquartered in Orchard Park, NY. They are best known for their antenna systems for covert, military and transportation applications.
"The combination of CPC and STI-CO creates an exceptional opportunity to deliver sustainable value creation and growth through highly complementary capabilities, product portfolios and industry applications," said Kyle Swiat, President of STI-CO. "We're enthusiastic about the possibilities with CPC and ACP."
The business combination and recapitalization is expected to provide a long-term capital base for supporting ongoing and rapid growth of the business of STI-CO and CPC.
Communication Power Companies is an ACP portfolio company. Addison Capital is a private equity investment firm that seeks out partnerships with owners and operators of “smaller” middle market growth companies, often that are closely held or family-owned businesses, to provide legacy stewardship, liquidity, growth capital and management resources to grow and build the greater enterprise.
Click here to learn more about CPC's antenna solutions on everything RF.
Click here to learn more about STI-CO Industries' latest products.
