Syscom-Prorep Expands European Presence with Acquisition of GSR Technology Italia
"French company Syscom-Prorep, a player in the value-added distribution of electronic components, has completed its second build-up operation by acquiring GSR Technology Italia, a Milan-based firm specializing in display solutions and HMI interfaces. This acquisition, supported by private equity funds Siparex MidCap and Initiative & Finance, strengthens Syscom-Prorep's presence in Europe and expands its product and service offerings. Emanuele Galbiati from GSR will continue to lead the Italian teams at Syscom-Prorep. Legal and financial aspects of the transaction were managed by various firms, including CastaldiPartners and Latham & Watkins."