Extel Technologies has acquired Synergetics Manufacturing Inc, a leading advanced electronics company based in Monterey, California. We are thrilled to share this exciting news with our valued partners, customers and the advanced electronics industry.
This strategic move marks a significant milestone for Extel as we expand our presence in the USA and strengthen our position as a global leader in advanced electronics solutions. Extel has held a longstanding presence in California and, as a critical aspect of our expansion plan, we have been diligently seeking the ideal business acquisition over several years to enhance our position. In the words of our CEO, Bruce Fitzgerald:
“This acquisition is a pivotal moment in Extel Technologies’ growth story. It allows us to combine our strengths with those of Synergetics, driving innovation, expanding our reach, and ultimately delivering even greater value to our customers. We are excited to embark on this journey and look forward to the opportunities that lie ahead for our company, our people and our customers.“
Background of the Acquisition
The decision to acquire Synergetics Manufacturing Inc was driven by our commitment to providing end-to-end advanced electronics solutions to our customers. By joining forces with Synergetics, we unlock a wealth of expertise, experience, and capabilities in electronics design, manufacturing, and lifecycle management services. This acquisition enables us to enhance our product offerings, improve customer support, and expand our logistics capabilities.
The acquisition has far-reaching benefits for both Extel Technologies and the industries we serve. Our Chief Business Officer, Jeff Thomas, played a crucial role in the search and due diligence of Synergetics. He commented:
“Over the years, Extel has been privileged to serve our valued customers in the USA. Drawing from my personal journey in the dynamic landscape of large electronic manufacturing corporations in the USA, I am thrilled to share our exciting news. We have identified Synergetics and its exceptional team as a fantastic addition to our extended family, ensuring an unwavering commitment to delivering premium customer service.
I have met our new customers in the USA personally and I am genuinely excited by the opportunity to continue to expand on what we can achieve together for our Australian, USA and global customers. Together, we will continue to exceed expectations and drive product growth and innovation for their sectors. Our dedication to excellence remains steadfast, and we eagerly anticipate this journey of continued collaboration and mutual success.”
With the combined strengths and resources of Extel and Synergetics, we can offer even more comprehensive solutions to our current and potential customers. This includes:
With the inclusion of Synergetics, our collective reach has expanded significantly. This means better access to resources, improved service delivery, and increased efficiency for our customers.
The acquisition brings added geographic capability, especially in the USA. This development enables us to better serve our customers’ needs, providing localized support and insights to navigate the unique challenges and opportunities in the region.
US manufacturing and local resources bring valuable expertise in supply chain management. This will result in a more robust and responsive supply chain, ensuring timely deliveries, lead times, and an overall improvement in the access and logistical services we provide to our customers.
As we integrate the strengths of both organizations, you can look forward to a wave of innovative solutions and services that are tailored to meet the evolving demands of niche industries, including Aerospace & Defense, AgTech, EVs, MedTech and GreenTech.
The acquisition will lead to streamlined processes and improved collaboration between teams. This will translate to a more seamless experience for our customers, with quicker response times in the US and a sharper focus on unique US requirements.
Our enhanced capabilities ensure that we can meet the evolving needs of our customers and deliver unparalleled value.
Additionally, our commitment to international quality standards ensures that our customers receive the highest level of reliability, performance, and customer satisfaction. We can now offer our customers formal US accreditation capability, including:
Impact on the Advanced Electronics Manufacturing Sector
The acquisition of Synergetics Manufacturing Inc significantly strengthens Extel Technologies’ position in the advanced electronics sector. By combining our expertise and resources, we are poised to drive innovation, foster growth, and maintain a competitive edge in the market. This acquisition opens up new opportunities for collaboration, research and development, and the creation of cutting-edge solutions that will shape the future of our industry.
At Extel Technologies, our goal remains focused on our customers’ success. This strategic acquisition represents an exciting chapter, not only for us but also for our customers. We are committed to providing innovative solutions, impeccable service, and unwavering support as we embark on this new phase of growth together.
We are thrilled to take this monumental step towards delivering on our vision to create a better future. You can find further information on the acquisition here:
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For further information or media enquiries, please contact:
Chief Business Officer
AU: +61 412 385 327
USA: +1 949 373 6173
About Extel Technologies
Extel Technologies is a global leader in advanced electronics solutions committed to delivering innovative and comprehensive services to its valued customers worldwide. With a focus on excellence and customer satisfaction, Extel is at the forefront of driving innovation in the advanced electronics industry. Extel provides advanced electronic product design, manufacturing and lifecycle management to a diverse range of industries including Aerospace & Defence, Commercial & Industrial, Communication & Networks, Green Technology, Medical & Healthcare, Security & Safety, Transportation, Utilities and Wearable Technology.
About Synergetics Manufacturing Inc
Synergetics is a contract manufacturer for medical, military, homeland security, and industrial communities in the USA. For over 30 years, Synergetics has established a reputation for high-quality products and services, flexibility and responsibility to customers. Their services include quick turnaround, locally produced prototypes and advanced electronic manufacturing of both PCBA, box-build assemblies and full system-level testing. They are committed to solving the challenges facing the domestic electronics industry.