Sager to acquire Technical Power Systems
Sager Electronics, a leading North American distributor of interconnect, power and electromechanical components and provider of value-add solutions, has entered into a purchase agreement to acquire Technical Power Systems (TPS), a specialist in the production of custom battery assemblies headquartered in Lisle IL.
“Through our specialized group Sager Power Systems, Sager offers both off-the-shelf and customized value-add ac power and on-board dc power solutions. Batteries and custom battery packs are a natural extension of our power offering, supporting our customers’ growing requirements for portable power. As a recognized specialist in custom battery assembly and battery pack design, Technical Power Systems bolsters our value as a technical specialist to our customers.”
TPS serves a wide range of markets
“TPS places significant value on quality, service, and support. Respect for our long-term employees and customers are paramount to our operation,” notes Joe Giovanatto, president and founder of Technical Power Systems. “My partners and I are thrilled to become part of an organization that shares our value system. It’s an exciting opportunity to join forces with an industry leading distributor committed to selling power solutions with the goal of pursuing the top power distribution and value add position in the market.
TPS serves a wide range of markets including industrial/commercial, medical, military, computer and test equipment, using cells including Li Ion, Li Polymer, Li FePO4, Li Primary, SLA, NiMH, NiCd, as well as newer emerging technologies.