Cleary Gull Inc. is pleased to announce that its client TCI, LLC (“TCI”), has been acquired by Allied Motion Technologies Inc. Cleary Gull acted as exclusive financial advisor to TCI in this transaction.
TCI, founded in 1961 and headquartered in Germantown, Wisconsin, designs, engineers, and manufactures products that monitor and improve power quality and extend motor life by reducing harmonic distortion associated with variable frequency drives and other power conversion equipment. With approximately 165 employees, TCI’s manufacturing capabilities include magnetic and electronic product assembly expertise to support a broad suite of power quality solutions that are used in oil and gas, HVAC, water and wastewater, and general industrial end markets primarily in the U.S.