11/15/2024 | Press release | Distributed by Public on 11/15/2024 15:09
William Blair acted as exclusive financial advisor to Harger, Inc. (Harger) in connection with its sale to TE Connectivity (NYSE: TEL). The transaction closed on November 12, 2024.
Based in Grayslake, IL, Harger, a faith-based organization with strong beliefs in charity and philanthropic endeavors, is a premier developer and manufacturer of highly engineered, innovative electrical components that protect lives and sensitive electronic systems across critical applications. The second-generation, family-owned business is built on a deep culture of providing extensive design and customer services to enable a safer, more reliable power infrastructure. Harger products are manufactured in Grayslake, IL and Fairmont, NC.
TE Connectivity is a global industrial technology leader creating a safer, sustainable, productive, and connected future. Their broad range of connectivity and sensor solutions enable the distribution of power, signal and data to advance next-generation transportation, renewable energy, automated factories, data centers, medical technology and more. With more than 85,000 employees, including 9,000 engineers, working alongside customers in approximately 130 countries, TE Connectivity ensures that every connection counts.
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