Founded in 1979 and headquartered in San Jose, CA, Vander-Bend is a provider of customized, integrated manufacturing services. As a vertically integrated company, Vander-Bend specializes in low and medium volume component and product manufacturing and complementary services primarily for the medical, semiconductor, data center infrastructure and related industries. After remaining a family-owned business for nearly 40 years, its owners decided to explore their strategic alternatives in order to continue the business’ current success and drive growth.
Vander-Bend retained SSG to conduct a comprehensive marketing process and solicit offers for the company from strategic and financial buyers. The process attracted significant interest from several parties that engaged in a thorough review of Vander-Bend and submitted offers for the business. The offer from Aterian ultimately generated the best outcome for the company’s owners and will provide a platform for the company’s future.
Aterian is a private equity firm that invests in middle market businesses with $50 million to $500 million in revenue and provides resources to further enhance operations, growth and investment initiatives.