Sentral Assemblies & Components, Inc. provides outsourced design and manufacturing services of complex, low to medium volume interconnect products to a diverse group of customers. Founded by a husband and wife team in 1990, the ownership decided to pursue other interests and engaged Promontory to explore strategic alternatives for the business. Beyond achieving substantial personal liquidity as a result of this transaction, our client was able to achieve several other important objectives. These other objectives included rewarding certain members of the senior management team with ownership in the new Company and keeping the business as an independent employer in suburban Chicago.
By Christopher Riegg
Christopher Riegg, CFA, CPA is the Founding Partner of Promontory Strategy Group (PSG), providing strategic and financial advisory support to privately held and family-owned businesses. He also co-leads Promontory Point Capital (PPC), the investment banking firm he co-founded in 2004, and is the creator of RieggInsights.com, a platform focused on strategic growth, value creation, and successful transaction outcomes.
