Irvine-based Infinite Electronics, a global supplier of components, said it has been acquired by Warburg Pincus from Genstar Capital. Terms of the transaction were not disclosed.
The investment will support Infinite's geographic and product line expansion, entry into new, high-growth markets and enhanced digital capabilities.
“This investment will further strengthen and expand our industry-leading product portfolio, while enhancing our mission to provide our global engineering customer base with deep technical expertise and support. We are excited to partner with Warburg Pincus to accelerate the company's mission and strategy," said Penny Cotner, President and Chief Executive Officer of Infinite Electronics in a statement issued yesterday.
