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Abracon Announces Acquisition by Genstar Capital; Tony Roybal Named President and CEO, Michael Calabria Executive Chairman

Abracon Announces Acquisition by Genstar Capital; Tony Roybal Named President and CEO, Michael Calabria Executive Chairman

SPICEWOOD, Texas, July 7, 2022 /PRNewswire/ Abracon LLC, (Abracon)a leader in passive components, today announced it has been acquired by Genstar Capital, a leading private equity firm focused on investments in targeted segments of the industrials, financial services, healthcare, and software industries. Abracon's technical expertise and product offerings span frequency control and timing devices, inductor and connectivity products, and RF and antenna solutions through a global distribution network. Premier brands powered by Abracon include Ecliptek, Fox, and ProAnt which enable innovative and connected IoT solutions in markets spanning communication, consumer, transportation, medical, industrial, aerospace, and defense. With this announcement, Mike Calabria, who has led the growth and transformation of the company for the past seven years assumes the position of Executive Chairman. Tony Roybal, who joined the company in 2021 as Chief Operating Officer, has been appointed Preside

Abracon Announces Acquisition by Genstar Capital; Tony Roybal Named President and CEO, Michael Calabria Executive Chairman

SPICEWOOD, Texas, July 7, 2022 /PRNewswire/ Abracon LLC, (Abracon)a leader in passive components, today announced it has been acquired by Genstar Capital, a leading private equity firm focused on investments in targeted segments of the industrials, financial services, healthcare, and software industries. Abracon's technical expertise and product offerings span frequency control and timing devices, inductor and connectivity products, and RF and antenna solutions through a global distribution network. Premier brands powered by Abracon include Ecliptek, Fox, and ProAnt which enable innovative and connected IoT solutions in markets spanning communication, consumer, transportation, medical, industrial, aerospace, and defense. With this announcement, Mike Calabria, who has led the growth and transformation of the company for the past seven years assumes the position of Executive Chairman. Tony Roybal, who joined the company in 2021 as Chief Operating Officer, has been appointed Preside

Students participate in Francis Week events

BY WILLIAM MCDONOUGH, STAFF WRITER Francis Week at St. Bonaventure is a week celebrating the founder of the Order of Friars Minor - or simply Franciscan Friars - and his accomplishments. St. Bonaventure celebrated six days of events in memory of the beloved Saint, according to SBU News. According to the SBU News’ schoolwide email,…

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