Industrials, Technology | Mergers & Acquisitions

RELM Buys Bendix-King from AlliedSignal

  • RELM Communications, Inc., a subsidiary of Adage, Inc. (NASDAQ), designs, develops and markets wireless communications products
  • RELM retained TM Capital to negotiate the strategic acquisition of the Bendix/King Mobile Communications division of AlliedSignal Inc.
  • TM Capital simultaneously assisted in arranging $27 million in senior financing for acquisition and working capital purposes