Delphon Industries, a Hayward, California-based manufacturer of device protection and adhesive products, received an equity investment from PWP Growth Equity.
The amount of the deal was not disclosed.
The investment will allow Delphon to accelerate investments in its people and manufacturing operations, and to continue developing products and customized solutions for new and existing customers.
Founded in 1982 and led by Jeanne Beacham, Chief Executive Officer, Delphon designs and manufactures proprietary custom polymer and adhesive solutions for the most critical components used in the manufacturing of semiconductors, electronics and medical devices.
The company’s brands Gel-Pak®, TouchMark™ and UltraTape®, along with a worldwide sales and distribution network, deliver solutions to more than 2,500 customers worldwide.
As a part of the transaction, Jeanne Beacham has also been named Chairman of the Board of Directors. Chip Baird and David Ferguson, Co-Heads of PWP Growth Equity, Mr. Heinerscheid, and Dan Leever, Operating Partner of PWP Growth Equity, will join Ms. Beacham on Delphon’s Board.
FinSMEs
12/01/2018