SDR Ventures Advises Cablenet Aerospace on Acquisition by Interconnect Solutions Company

SDR Ventures Advises Cablenet Aerospace on Acquisition by Interconnect Solutions Company

Apr 25, 2024 by PR Newswire

Key Facts

  • Established in 1995 as a contract manufacturer, Cablenet caters primarily to the aerospace and defense industry, and also does business in aircraft, automotive, medical, and telco.
  • Ray Assayesh, CEO and CTO of Cablenet, commented, "After putting in 30 years of hard work to build up the Company, my main goal was finding a great partner that will help us grow our product offerings and take care of our employees.
  • "We're so happy for Ray and his family to be able to realize the value they've created in Cablenet over several decades while simultaneously starting a new chapter with ISC, which positions the company extremely well for the next phase of growth," concluded Logan Bohlender, Vice President at SDR Ventures.
  • Rick Ambrose, SDR's Senior Aerospace and Defense Advisor, added, "The acquisition of Cablenet by ISC is a biproduct of the aerospace industry entering a new phase of growth as the satellite and constellation markets continue to expand."

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