Channel Technologies Acquires H.C. Materials
An affiliate of Channel Technologies Group, LLC (CTG), a manufacturer of piezoelectric ceramics, transducers and complex sonar and navigation systems used in the defense, medical and energy industries, announced it has acquired the assets of H.C. Materials Inc. and its affiliates (collectively, HCM) from Dr. Pengdi Han. As part of the acquisition, Dr. Han will become an equity owner of CTG, as well as an active board member. Other terms of the transaction were not disclosed. CTG is a portfolio company of Blue Wolf Capital Fund II, L.P. The acquisition enables CTG to capitalize on HCM’s global
Channel Technologies Names Ralph L. Phillips CEO
Channel Technologies Group, LLC (CTG), a manufacturer of piezoelectric ceramics, transducers and complex sonar and navigation systems used in the defense, medical technology and energy industries, announced that Ralph L. Phillips has been named Chief Executive Officer. Mr. Phillips succeeds Kevin Ruelas, who is leaving to pursue new opportunities. CTG was acquired by a group led by an affiliate of Blue Wolf Capital Partners in December 2011. Mr. Phillips most recently served as President of Smiths Interconnect, a division of Smiths Group Plc, a multinational engineering company. Before joining
February 2025
