BOCA RATON, FL – DataEd and Bestronics have been recapitalized by a private equity firm. New Water Capital has invested an undisclosed sum in the two tier III EMS firms.

The manufacturers are focused on high-mix, low/medium-volume PCBAs and box builds. DataED's manufacturing capacity includes 75,000 sq. ft. of facilities in Salem, including an NPI facility, as well as two manufacturing plants totaling 85,000 sq. ft. located in Shenzhen. Bestronics operates a 145,000-sq.-ft. campus in San Jose.

"We see tremendous opportunity in providing high-quality, localized electronics manufacturing services and capabilities in key North American markets, while maintaining the combined company's global reach," said New Water Capital partner Brian McGee. "At New Water, we aim to support and invest in businesses with enduring value propositions. DataED and Bestronics are exemplary of this investment strategy, with highly focused customer service models based on technical excellence, flexibility and outstanding quality. These two companies complement each other by collectively strengthening an already experienced sales teams and allowing us to leverage our combined manufacturing capabilities across North America and Asia."

"Adding Bestronics' operations to ours provides our customers with direct access to enhanced box-build and system integration capabilities and clean-room assembly expertise, as well as a highly capable Silicon Valley-based process engineering and manufacturing team," said DataED CEO Vic Giglio.

"Joining with DataED will enable Bestronics to expand its global footprint and take advantage of its supply chain expertise," said Bestronics CEO Nat Mani. "DataED's dedicated NPI/prototype center will provide our combined customers an exciting, much broader set of capabilities."

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