VALENCIA, Calif.—Fralock Holdings, LLC, reported that it has added “world-class flex circuit boards” to its suite of products with its recent acquisition of Lenthor Engineering, Inc., a privately owned company that designs, manufactures, and assembles flex and rigid-flex printed circuits.
Fralock Holdings, a developer and manufacturer of engineered materials for critical applications, is a portfolio company of Arsenal Capital Partners. Fralock said in a release that Lenthor Engineering is the largest flex panel processor in Northern California, and the third largest in the United States.
Lenthor Engineering services its customers with design flexibility and products that provide space and weight savings, high reliability, durability, and cost savings in production. Lenthor’s innovations and investments in advanced technologies are targeted at mission-critical applications in high-value market segments, such as defense and aerospace, medical device OEM, industrial, telecom, and semiconductor, according to the release.
“Lenthor’s advanced capabilities in flexible circuit design and manufacturing, and its leading position in high-value market segments make it a perfect complement to Fralock’s core business,” said Marc Haugen, CEO, Fralock Holdings, in the release. “We believe that Lenthor’s expertise and strong executive team, as well as its strong strategic customer relationships, especially in our overlapping market segments, makes Lenthor an excellent addition to our expanding engineered materials solutions platform.”
Fralock’s applications are used in a variety of ways that impact our lives, such as in equipment used to manufacture semiconductors, and in medical treatment. Applications also include imaging and patient monitoring devices, defense applications, and satellite and spacecraft components. The acquisition is expected to enable Fralock to expand its market position and better serve its existing end markets from the products created by Lenthor.
“My team and I take extreme pride in building complex flex assemblies and providing full end-to-end capabilities that deliver plug-and-play solutions, eliminating the need for additional contract manufacturing,” said Lenthor President Mark Lencioni, in the release. “We know that Fralock shares our commitment to excellence, superior products, and customer service. We look forward to working closely with Marc and his team to continue to nurture our valued customer relationships and develop new ones.”
The acquisition adds more than 160 new associates, building upon Fralock Holdings’ deep technical expertise and bench strength.