New 'Team' for East West Manufacturing after Acquisition Deal
ATLANTA -- East West Manufacturing has acquired Team Manufacturing, a North Carolina-based EMS company, for an undisclosed amount.
Team provides electronics manufacturing, wire harness assembly and box-build services. It was founded in 2002 and is located near the Research Triangle, NC.
The acquisition of Team represents a significant opportunity to enhance the growth of East West and advance the Company’s strategic focus on growing its electronics capabilities and establishing US manufacturing operations, East West said in announcing the deal. East West also has an EMS plant in Vietnam, and metal casting and electric vehicle operations in India and China, respectively.
“We found the perfect partner with Team to expand our manufacturing presence into the US.” said Scott Ellyson, cofounder and CEO, East West. “Team has a great reputation for serving its customers. This acquisition allows us to offer our customers domestic, higher mix, lower volume, quick turn electronic manufacturing services. Best of all, our collective design, manufacturing and supply chain capabilities will enable us to provide even higher levels of service and support to customers on a global basis.”
“My brother Dean, the leadership team, and all the associates here at Team, and I, are thrilled to join the East West family," said Don Albright, founder and CEO, Team. "Our capabilities, culture and customer first focus align perfectly.”
East West was funded by Heritage Growth Partners, an Atlanta-based private equity group.
