Author: M F
MAUMELLE, Ark., Aug. 17, 2021 /PRNewswire/ — Quantic® Electronics Electronics (“Quantic”), a portfolio company of Arcline Investment Management (“Arcline”), today announced the acquisition of BEI Precision Systems & Space Company, Inc. (“BEI Precision”) from J.F. Lehman & Company. BEI Precision designs, engineers, and manufactures highly accurate, resilient, and reliable position feedback sensors and frequency reference technologies for mission-critical space, land, air, and sea applications. The Company’s products are designed into many of the U.S. government’s highest-priority, long-life programs.
“Our strategy is to acquire world-class, mission-critical electronic component manufacturers with significant long-term growth potential. BEI Precision’s technology, products, and people fit perfectly with this approach,” said Kevin Perhamus, President and CEO of Quantic Electronics. “This acquisition further establishes Quantic as a leading supplier of critical components for space, aerospace, and defense applications. BEI Precision brings more than 60 years of experience designing and manufacturing proprietary optical encoders, scanners, accelerometers, and frequency products. We’re excited to partner with the BEI Precision team to continue building upon this heritage to offer new and exciting products to our shared customers.”
Mark Mirelez, President and Chief Executive Officer of BEI Precision, commented, “Today’s milestone is a validation of the market-leading position, operational excellence, and culture that we have worked tirelessly to achieve. We look forward to continuing to deliver on future growth opportunities with our new partners at Quantic Electronics.”
Evercore served as financial advisor to Quantic.
About BEI Precision
BEI Precision is a leader in high-accuracy positioning sensor technologies and low phase noise frequency reference assemblies for mission critical applications providing advanced design, manufacturing and testing for reliable and resilient products and systems. BEI Precision products are utilized in space, airborne, Naval and ground vehicle applications where performance is required to accomplish the mission. BEI Precision is headquartered in Maumelle, Arkansas with operating subsidiaries in Austin, Texas; Ontario, Canada; and Edinburgh, Scotland.
About Quantic Electronics
Quantic is an electronic component company focused on defining and delivering the future of mission-critical electronics. We have over a century of combined experience as reliable problem-solvers and trusted partners in military, aerospace, industrial, and commercial markets. For more information, visit www.quanticnow.com.
About Arcline Investment Management
Arcline is a growth-oriented private equity firm that seeks to invest in thriving middle market businesses in high value industries. Arcline’s differentiated investment strategy combines deep business model expertise, proactive thematic research, an unrelenting focus on the upside and a collaborative, management-first approach to value creation. The firm’s primary sectors of interest include defense, aerospace, critical infrastructure services, industrial & medical technology, life sciences and specialty materials. Launched in 2019, Arcline currently has $4.3 billion in cumulative capital commitments. For more information visit www.arcline.com.
AUSTIN, TX- Wenzel Associates assisted the Mars Terminal Descent Sensor team in landed Perseverance safely on Mars on February 18, 2021. Wenzel supplied a 11.25 GHz frequency synthesizer was mounted on the landing craft and is part of the radar based altimeter. The power system, antennas and Wenzel synthesizer, in conjunction with many other teams, allowed the landing craft to hover above the Mars surface, as Perseverance was gently guided to the surfaces.
“Wenzel Associates is proud to be part of the Mars Terminal Descent Sensor team who landed Perseverance safely on Mars on February 18, 2021…”- Liz Ronchetti, Wenzel Associates
“The Mars Perseverance rover mission is part of NASA’s Mars Exploration Program, a long-term effort of robotic exploration of the Red Planet. The Mars Perseverance mission addresses high-priority science goals for Mars exploration, including key questions about the potential for life on Mars. The mission takes the next step by not only seeking signs of habitable conditions on Mars in the ancient past, but also searching for signs of past microbial life itself. The Mars Perseverance rover introduces a drill that can collect core samples of the most promising rocks and soils and set them aside in a “cache” on the surface of Mars.”- NASA. “Mars Perseverance Mission Overview.” NASA, 13 Jan. 2021, www.nasa.gov/perseverance/overview.
http://https://www.youtube.com/watch?v=rzmd7RouGrM
MAUMELLE, Ark. Oct. 15, 2020 – BEI Precision Systems & Space Company Inc. (BEI Precision) today announced the award of a follow-on contract to support the Encoder/Motor Assembly for the Raytheon-built Visible Infrared Imaging Radiometer Suite (VIIRS) instrument. BEI Precision has participated in this program for more than a decade.
VIIRS is changing the way we see Earth and its value goes well beyond weather prediction, providing vital data to diverse industries including agriculture, finance, transportation, insurance and energy.
“Raytheon is a valued partner, and we are pleased to continue supporting this important program,” said Mark Mirelez, President and CEO of BEI Precision. “From a business perspective, this award is a major milestone for our 2020 fiscal year and an integral part of our long-term plan to be the supplier of choice for optical encoder products capable of operating in the most demanding environments.”
About BEI Precision
BEI Precision is a leader in high-accuracy positioning sensor technologies and low phase noise frequency reference assemblies for mission critical applications providing advanced design, manufacturing and testing for reliable and resilient products and systems. BEI Precision products are utilized in space, airborne, Naval and ground vehicle applications where performance is required to accomplish the mission. BEI Precision is headquartered in Maumelle, Arkansas with operating subsidiaries in Austin, Texas; Ontario, Canada; and Edinburgh, Scotland.
MAUMELLE, Ark., May 12, 2020 — BEI Precision today announced it won a Gold Tier Award for exceptional performance and contributions to supply chain success in 2019 for BAE Systems’ Electronic Systems sector. BEI Precision was selected from a pool of more than 2,200 suppliers that worked with the sector in 2019.
“This is an excellent achievement for our team,” said BEI Precision President and CEO Mark Mirelez. “We are honored to partner with BAE Systems to support the development of mission critical applications and appreciate this recognition of our efforts.”
BAE Systems’ Partner 2 Win program is designed to achieve operational excellence and eliminate defects in its supply chain by raising the bar of performance expectations to meet the demand of current and future customers. As part of the program, BAE Systems meets regularly with its suppliers at their locations to transfer best practices to ensure that the components and materials that compose BAE Systems products meet the highest quality standards.
“We are proud to partner with companies – including BEI Precision – committed to delivering the highest quality products on-time, every time,” said Kim Cadorette, vice president of Operations for BAE Systems’ Electronic Systems sector. “We look forward to continued collaboration and success.”
About BAE Systems
BAE Systems provides some of the world’s most advanced, technology-led defense, aerospace, and security solutions. The company employs a skilled workforce of more than 83,000 employees worldwide and operations in 30 U.S. states. Working with customers and local partners, BAE Systems develops, engineers, manufactures, and supports products and systems to deliver military capability, protect national security and people, and keep critical information and infrastructure secure.
About BEI Precision
BEI Precision, a portfolio company of J.F. Lehman & company, is a leader in high-accuracy positioning sensor technologies, providing advanced design, manufacturing and testing for reliable and resilient products and systems. The Company’s core product lines, which are used primarily in mission-critical defense and space applications, include optical encoder-based positioning systems, scanners for situational awareness requirements and precision accelerometers.