Wichita, KS – Isodyne, Inc. today announced that it has acquired a majority share in Mooresville, NC based Compaero, Inc. Further financial details were not disclosed. Isodyne stated that it expects the acquisition to complement its own line of Aerospace & Defense components.
Mooresville, NC based Compaero is a prominent manufacturer of backshells, adapters, protective covers, termination bands and other connector accessories used across many defense platforms. Compaero will continue operating from its Mooresville location with plans on doubling their manufacturing footprint in the coming months.
Compaero was founded in 1989 by Tim and Elisabeth Small. Robert Small, who has served as President of Compaero since April 2014, will continue at the same role. “I am very excited to have Isodyne on board and look forward to helping both companies grow and further position ourselves in the industry. I want to thank Mike Freed and George Benton for working so hard these past few weeks to help get this done” commented Robert.
Isodyne was founded in 1995 by the Reilly (Reed) and Neely families in Wichita, KS.
“The acquisition of Compaero will enable Isodyne to expand our product offering and manufacturing capacity while merging both Companies core competencies to greatly enhance the customer experience. We look forward to growing into a major force in the connector accessory industry.” – George Benton, President Isodyne Inc.
“I am very excited to announce the acquisition of a majority position in Compaero. Rob and the Small family have grown Compaero into a competitive, customer service driven manufacturing firm. The focus on customer service is something Isodyne and Compaero have always held in common, and we all look forward to maintaining that focus together,” said Michael Freed, Vice President Isodyne Inc.