Grand Rapids-based Auxo Investment Partners said Friday, March 11, it acquired Fremont, California-based Golden State Assembly (GSA). Founded in 2007, GSA designs and assembles wire harnesses and cable assemblies for a variety of customers in the automotive, aerospace, industrial equipment, medical device, electronics, specialty vehicle and energy industries.
Auxo Investment Partners has acquired Golden State Assembly Inc., a wire and cable assembly and harness manufacturer based in Fremont, Calif.
Auxo Investment Partners, a private investment firm headquartered in Grand Rapids, Michigan, has announced the acquisition of Golden State Assembly (GSA), a vertically integrated, complete lifecycle wire/cable assembly and harness manufacturer headquartered in Fremont, California, Cesar and Yesenia Madrueno—they founded the company in 2007—will retain a significant interest in the company and will remain in their roles at the company. GSA designs and assembles wire harnesses and cable assemblies for a variety of customers in the automotive, aerospace, industrial equipment, medical device, electronics, specialty vehicle, and energy industries. The company also provides value-add manufacturing services such as kitting, electromechanical assemblies, and outsourced quality control processes. It has an in-house machine shop and PCB assembly capabilities that allow it to deliver new projects quickly with high quality from the start.