True North Strategic Advisors, LLC advised Electri-Tec Investor Group, Inc. on the sale of its business to a wholly-owned subsidiary of Khorporate Holdings, Inc. The transaction was effective November 26, 2012.
Electri-Tec, located in Angola, IN, is a niche manufacturer of electrical harnesses, cord-sets, and specialty molded products. Its products are manufactured for a wide variety of medical and industrial applications.
Other wholly-owned subsidiaries of Khorporate Holdings, Inc. include X-Y Tool & Die, Inc. located in LaOtto, IN and Mossberg Industries, Inc. located in Garrett, IN and Ontario, CA.
True North was the lead strategic and financial advisor to Electri-Tec Investor Group on the sale of the business.