Casco Products, a division of Sequa Corporation, was acquired by The Jordan Company L.P. Quarton Partners acted as a financial advisor to Sequa Corporation and The Carlyle Group in managing the sale process.
Casco Products Corp is a leading supplier of power outlets, connectivity devices and sensors to the automotive market. Casco maintains over 1,000 employees worldwide and sells its products to all major automotive OEMs. Headquartered in Bridgeport, Conn., CASCO Products has locations in Novi, Mich.; Morgantown, Ky.; Bridgeport, Conn.; Montreal, Canada; Sao Paolo, Brazil; Frankfurt, Germany; Turin, Italy; Menzel Bourguiba, Tunisia; and Suzhou, China.
The Jordan Company L.P., founded in 1982, is a leading middle-market private equity firm with approximately $6 billion of capital under management and a successful track record of investing in and growing businesses across a wide range of industries. Headquartered in New York, The Jordan Company also has offices in Chicago and Shanghai.