July 31, 2020
THE TRANZONIC COMPANIES (“TRANZONIC”) has acquired the assets of High-Tech Conversions, Inc. (“High-Tech”), a manufacturer of specialty wiping products and cleanroom supplies. Translink acted as advisor to the buyer.
High-Tech is located in Enfield, Conn., and serves customers across the country. The company focuses on premium-grade cleaning solutions for controlled environments ranging from biopharmaceutical manufacturing to food processing to electronics assembly. High-Tech represents the third acquisition completed by Tranzonic since PNC’s initial investment in 2018, and solidifies the company’s leading position as a value-added supplier of consumable cleaning, personal protection, and hygiene products by further enhancing its domestic converting and customization capabilities.
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Dinan & Company, LLC is the partner firm of Translink Corporate Finance in the United States. It is a leading diversified financial services company with over 32 years of advisory and merchant banking experience dedicated to middle-market transactions.