Carlisle to buy electronic parts maker for $285 millon

EL SEGUNGO, Calif. ― Diversified manufacturer Carlisle Cos Inc said it will acquire electronic interconnect components maker Tri-Star Electronics International from private equity firm Brockway Moran & Partners for $285 million.

Tri-Star, with annual sales of about $95 million, will operate as part of Carlisle Interconnect Technologies, the company said in a statement.

Tri-Star makes contacts and connectors used to transmit data and power on aircraft and defense platforms, and in high-end industrial equipment.

“Tri-Star has been consistently profitable and expands our product and service range to our customers,” Carlisle CEO David Roberts said in a statement.