Electronic Source Company

PRESS RELEASE: Sverica Capital Management Announces Investment in Electronic Source Company (ESC) Boston, Massachusetts – October 18, 2024 – Sverica Capital Management LP (“Sverica”), a private equity investment firm, announced a strategic investment in ESC, an electronic manufacturing services company serving the Aerospace & Defense and Space markets with high-reliability circuit card assemblies. Based in Van Nuys, California, ESC is an ITAR-registered, Nadcap, and AS9100D accredited provider of defense electronics, known for world-class process controls, high on-time deliveries, and top customer acceptance rates. Founded in 1994 by Scott Alyn, ESC is led by a leadership team with deep expertise in advanced electronics, achieving impressive growth. The company serves Prime and Tier 1 defense and space contractors, supporting key programs like the F-18, F-35, F-16, C-130, H-60 Blackhawk, AH-64 Apache, Boeing 787, Patriot Missile, Artemis program, Mars Rover, and ISS. Chris Sorby, President of ESC, will continue leading the company, while Sverica’s Dave Finley (Managing Partner), Greg Hylant (Principal), and Scott Alyn will join the board. Steve Stone, former CEO of Primus, will also join the board. Dave Finley commented, “We appreciate Scott choosing Sverica as the steward of the company he founded 30 years ago and are pleased to partner with the ESC team to help them develop and execute a growth strategy into the ever-evolving area of defense electronics.?ESC’s impressive financial and operational performance has the Company gaining increasing exposure to high-profile military and space programs where product failure is not an option.” Greg Hylant added, “ESC has established itself as a trusted partner to defense prime contractors through its dedication to quality, reliability and high levels of customer support. As the military modernizes, the need for advanced electronics is dramatically expanding, providing a compelling opportunity for ESC to capitalize on its hard-won reputation to drive future growth.” Scott Alyn, ESC Founder, stated, “For the last 20 years, ESC has focused on uncompromising quality electronics for critical applications in the most demanding environments. We truly believe we have a responsibility to our customers to deliver on this challenge, and with Sverica as our capital partner, we are excited and confident in their stewardship.” Founded in 1994, ESC specializes in high-reliability electronics for mission-critical applications in the Aerospace, Defense, and Space markets. The company provides full electronics assembly services, from circuit card assembly to complex box builds. www.electronic-source.com Sverica Capital Management is a leading growth-oriented private equity firm, having raised nearly $2 billion across six funds. The firm invests in and builds companies that lead their industries. Visit www.sverica.com for more information. Lincoln International served as the exclusive financial advisor to ESC.

What an awesome experience at the #AUSA event in Washington DC seeing our great customers and future new customers. I’ll admit it was a lot to take in on many levels, like this artillery transport….. go BIG or go HOME! ????????????

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ESC is thrilled to announce the addition of Deborah Corral to its strategic team as the Director of Lean Operations. With a wealth of experience accumulated through years of study and hands-on involvement in lean manufacturing, Deborah brings invaluable expertise to our organization. She holds a bachelor’s degree from?California State University, Northridge (CSUN)?and has successfully completed her?Six Sigma Master Black Belt certification?with?SSGI. Deborah firmly believes that knowledge empowers, change is inevitable, and her ability to teach and champion lean principles forms a vital connection within the organization. Deborah had this to say about her decision to join ESC. "ESC has a persistent mindset to make things happen. The company's core vision and goals drove me to be part of that team". Welcome Deborah! ?

We're #hiring a new Lean Operations Manager in Los Angeles, California. Apply today or share this post with your network.

Such a fun evening celebrating the great team we have and the important work we do: such programs as Orion, NASA’s manned Mars mission to F-35. Thank you.