Translink CF’s US partner, Dinan & Company initiated the acquisition of Gaston Electronics by Space Age Electronics, a portfolio company of DelCam Capital

Translink Corporate Finance™ in the United States initiated the acquisition of Gaston Electronics, a premier UL 508A Industrial Control Panel shop and vertically integrated electronics manufacturer based in Mount Holly, North Carolina, by Space Age Electronics, a portfolio company of DelCam Capital, a Massachusetts-based private equity firm focused on acquiring and scaling high-performing American manufacturing companies.

Delcam expands capabilities

The transaction materially expands DelCam’s capabilities in UL 508A panel design and manufacturing, electronics manufacturing, prefabrication, full box assembly and modular fire and building systems. Gaston will be integrated into Space Age Electronics, DelCam’s fire and life safety platform, creating a powerful foundation for further growth.

Comments from DelCam Capital

Steve Trotta, Managing Partner at DelCam Capital, said, “America is facing a skilled labour shortage in the trades, and we view that as an opportunity. By combining Gaston’s expertise in high-reliability electronics in the HVAC arena, with Space Age’s leadership in engineered fire detection systems, we’re building a platform that simplifies installation, reduces job site complexity, and enables prefabrication at scale. That’s a meaningful solution to the labour constraints holding back the construction and infrastructure sectors while at the same time expanding our geographic footprint.”

Founded in 1993 and led by CEO Scott Davis, Gaston Electronics has developed a strong reputation for quality and precision across HVAC, medical device, government and industrial sectors. Its customers rely on its ability to handle high-complexity electronics assemblies with rigorous quality control.

Comments from Gaston Electronics

Davis, said, “We’re incredibly proud of the business we’ve built and the trust our customers place in us. In DelCam, we’ve found a partner that shares our values, believes in investing in people, and brings the right balance of strategic oversight and operational support to help the company through its next phase of growth.”

As part of the integration, Gaston will become part of the Space Age Electronics platform. Matt Grady, CEO of Space Age, will oversee the combined operations.

Comments from Space Age Electronics platform

Grady, said, “Scott and his team have built something special. By integrating our engineering and procurement functions and expanding our go-to-market reach, we’re positioned to deliver smarter, more modular solutions that respond directly to our customers’ biggest challenges, including the shortage of skilled labour and the ongoing convergence of systems within a building.”

DelCam’s platform strategy is centred around long-term value creation through aligned ownership, disciplined operations, and solving real-world industrial bottlenecks. The firm is scaling companies that provide essential manufacturing and assembly solutions to the building controls, fire safety, and HVAC markets—sectors that are increasingly turning to prefabrication and value-added services to offset on-site labour shortages.

“We’re not financial engineers,” added Trotta. “We’re builders, focused on American jobs, employee ownership, and delivering long-term outcomes for all stakeholders.”

DelCam continues to pursue complementary acquisitions across electronics manufacturing, building infrastructure, and engineered components. The firm targets founder- and family-owned businesses that are ready for growth but need a strategic partner to get there.