OwnersEdge Inc., an employee-owned ESOP holding company, has completed its largest acquisition to date with the purchase of EmbedTek, a Waukesha-based company that designs, manufactures and integrates embedded computing, integrated displays, custom electronics and imaging into the products of original equipment manufacturers.
The acquisition represents a significant evolution of the OwnersEdge portfolio, marking its entry into in-house manufacturing. OwnersEdge now supports more than 400 employee owners across six operating companies: Asche & Spencer, BAYCOM, CC&N, EmbedTek, Implecho and QComp Technologies.
“EmbedTek brings exceptional engineering talent, manufacturing expertise and deep customer relationships,” said Lisa Reardon, executive chair of the OwnersEdge board of directors and founder of the holding company. “Just as important, it is a values-aligned business led by people we respect and trust, which made this a natural next step in our growth.”
EmbedTek develops and manufactures single purpose computers, integrated displays, cameras and custom electronics for OEMs in the life sciences, industrial automation, simulation and training and other markets. After initial product development, EmbedTek supports customers through design validation, regulatory integration, manufacturing and distribution.
The company is led by a four-person ownership team all of whom will continue to lead the business. EmbedTek’s 80 employees are now employee owners.
