NORTH HOLLYWOOD, Calif. - TelAve -- Benchmark International's California office announces the latest deal closing, with the acquisition of North Hollywood, CA-based A.T. Parker, Inc. (DBA Solar Electronics Company) by the German-based testing, inspection, certification, and R&D conglomerate Assessimus Group GmbH.

Solar Electronics Company, established in 1960, is an original equipment manufacturer for electromagnetic interference (EMI) and electromagnetic compatibility (EMC) testing laboratories. Solar Electronics designs and manufactures, provides equipment repair and service, and performs calibration services for customers worldwide, serving markets in the government, aerospace, military, and automotive industries.

Assessimus Group is an international Testing, Inspection, and Certification (TIC services provider for a wide range of industries, including aerospace, infrastructure, security, energy, environmental, industrials, and civil drone technology, with a mission of sustainability at its core. Assessimus Group is dedicated to delivering the highest level of care to its clients, utilizing state-of-the-art facilities, technologies, and methodologies, as well as AI and advanced learning technologies, to support and deliver quick turnaround times of the highest quality and care.

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"Assessimus is excited to complete this acquisition and appreciates the professionalism and support from all parties involved in the process, including Benchmark as the seller's representative." - Abgar Barseyten, Co-founder and Chairman, Assessimus Group GmbH

"We are thrilled to have assisted the team at Solar Electronics Company in finding a new home with the international leader in TIC, Assessimus Group. Assessimus exhibited exceptional dedication to helping the team at Solar Electronics reach its exit goals and worked diligently to address and resolve challenges, ultimately getting the deal across the finish line. We look forward to witnessing the positive contribution that Solar Electronics will bring to the group at Assessimus." - Eric Kolesnikov, Associate Director, Benchmark International

Americas: Sam Smoot at +1 (813) 898 2350/ Smoot@BenchmarkIntl.com

Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com

Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com

ABOUT BENCHMARK INTERNATIONAL:

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Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled transactions across various industries from offices across the world. With decades of M&A experience, Benchmark International's transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network, as well as the #1 Sell-side Privately Owned M&A Advisor in the World by PitchBook's and Refinitiv's Global League Tables.

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