Long Beach, CA– CoolPC Inc, a renowned leader in the technology sector, has acquired Control Switches International, a prominent player in the electrical manufacturing and distribution industry. Keystone Business Advisors served as the exclusive sell-side M&A Advisor to Control Switches International, Inc.
“We planned and executed a comprehensive marketing plan and process that generated great buyer interest. There were over 30 qualified buyers and four offers, culminating with a strategic buyer who is now on their third acquisition,” said Greg Martin, transaction lead and partner at Keystone Business Advisors. “It was essential to find a buyer with a vision to maintain the legacy of the business while leading into a successful future.”
“This strategic move solidifies CoolPC Inc’s commitment to expanding its presence in the electrical sector and reinforces its position as a leader in innovative solutions,” said Andrew Anderson, president of CoolPC. “By bringing Control Switches International and Electrical Power and Controls under its umbrella alongside Coolerguys and Plastics for Lighting, CoolPC Inc aims to synergize the strengths of all its brands to offer a comprehensive suite of electrical products and solutions to customers worldwide. This acquisition aligns with CoolPC Inc’s vision of driving innovation and excellence in the electrical manufacturing and distribution space.”
About CoolPC (DBA Coolerguys):
CoolPC is a manufacturer and distributor of industrial components designed to keep customer’s electronics cool in agricultural, biotech, yachting and audiovisual areas. Coolerguys was founding in Bellevue, Washington in 1999 to provide high quality cooling options for computer users looking to get the most from their desktop computers. Over the past 17 years we’ve grown and expanded our offerings to match the wide range of cooling needs of our customers. That’s why we’re committed to providing a wide range of expertly made, high-quality AV cooling fans, computer coolers, fans, cables and other accessories to help you personalize and maximize the life of your computer or A/V system. https://www.coolerguys.com
About Control Switches International, Inc.:
Control Switches International, Inc. (CSII) can trace its roots to 1955, to the founding of the partnership of Ashe-Armstrong Company in Los Angeles. Today, Control Switches International, Inc. is a woman-owned business with a vast inventory of rotary cam switches, disconnect switches, contactors, push buttons and terminal blocks. Rotary cam switches and control panels are built to order in our California facility. CSII works hard to ensure customer satisfaction by providing quality products, competitive prices and superior customer service with trust and integrity. https://controlswitches.com