RA Capital served as exclusive financial advisor to Crown Technical Systems on its pending $325 million all-cash sale to Flex (NASDAQ: FLEX).

The acquisition further increases Flex’s exposure to fast-growing, margin accretive end-markets including modular data center adoption and medium voltage power distribution. Crown’s extensive capabilities in custom and turnkey modular enclosures, medium voltage switchgear, and control & relay panels will strengthen Flex’s critical power portfolio and accelerate growth in the U.S. data center market.

“This deal brings together complementary products and teams, marking a superb outcome for Crown’s employees and customers.” – Norm Siddiqui, President of Crown Technical Systems

About Crown Technical Systems

Crown is a leading manufacturer of mission-critical power distribution and protection systems, supporting the safety, reliability, and resilience of essential electric grid infrastructure in the United States.

Founded in 1996, Crown has nearly three decades of experience delivering fully integrated and custom-engineered modular enclosures, medium voltage switchgear, and control & relay panels to the utility, data center, and renewable energy markets. Crown is headquartered in Fontana, California, with additional facilities in Dallas, Texas and Toronto, Canada.

About Flex

Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps a diverse customer base design and build products that improve the world. Through the collective strength of a global workforce across 30 countries and responsible, sustainable operations, Flex delivers technology innovation, supply chain, and manufacturing solutions to diverse industries and end markets.