The acquisition process, managed by Keystone Business Advisors, attracted significant interest, with over 30 qualified buyers and four offers. Ultimately, CoolPC Inc., a strategic buyer with a vision for the future of Control Switches International, was selected. This marks CoolPC Inc.’s third acquisition, demonstrating their commitment to growth and expansion.
This strategic move allows CoolPC Inc. to integrate Control Switches International alongside its existing brands, including Coolerguys, Plastics for Lighting, and Electrical Power and Controls. This synergy aims to provide a comprehensive range of electrical products and solutions globally. The acquisition aligns with CoolPC Inc.’s commitment to innovation and leadership in the electrical manufacturing and distribution industry. President of CoolPC, Andrew Anderson, emphasized the company’s dedication to maintaining the legacy of Control Switches International while driving future success.
CoolPC, operating under the name Coolerguys, specializes in manufacturing and distributing industrial cooling components. These components serve various sectors, including agriculture, biotechnology, yachting, and audiovisual. Established in 1999 in Bellevue, Washington, Coolerguys initially focused on high-quality cooling solutions for desktop computers. Over time, the company expanded its product line to include AV cooling fans, computer coolers, fans, cables, and accessories, catering to a broader range of customer needs.
Control Switches International, Inc. (CSII), founded in 1955 as Ashe-Armstrong Company in Los Angeles, boasts a rich history in the electrical industry. Today, CSII is a woman-owned business specializing in rotary cam switches, disconnect switches, contactors, push buttons, and terminal blocks. CSII manufactures rotary cam switches and control panels to order in its California facility. The company prioritizes customer satisfaction through high-quality products, competitive pricing, and exceptional customer service.
This acquisition by CoolPC Inc. signifies a significant development in the electrical manufacturing and distribution landscape. By combining the expertise and resources of both companies, CoolPC Inc. is poised to deliver innovative and comprehensive solutions to customers worldwide. The integration of Control Switches International under the CoolPC Inc. umbrella reinforces their commitment to driving growth and innovation within the electrical sector.
