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Alliance Holdings adds Spectral Response to its portfolio of operating company investments
 
 

Abington, PA - Spectral Response, Inc., majority ESOP-owned and founded in 1987, is an electronic manufacturing services (EMS) company based in Duluth, GA. Spectral specializes in the manufacture of highly complex electronic assemblies for OEMs in several end markets, including satellite communication, logistics and medical equipment. For more information regarding Spectral Response, please visit their website at www.spectralresponse.com.

When asked about partnering with Alliance, Chris P. Lewis, Spectral’s founder, stated “Alliance Holdings provides the employee-owners of Spectral Response the ability to diversify their retirement savings through the Alliance mutual fund structure and gives Spectral a parent company with the financial and operational resources to propel us to the next level of our evolution. In addition, we were able to accomplish our long-standing goal of achieving a 100% employee owned company. I am extremely excited about the future of Spectral under the Alliance umbrella.” Additionally, Ken Wanko, Director of Acquisitions at Alliance added, “We are thrilled to partner with Spectral and feel strongly that this investment will provide additional growth opportunities for Alliance and diversification for our employee owners.”

About Alliance Holdings
Alliance Holdings is a 100% employee-owned holding company (through an ESOP) that invests in market-leading manufacturers of industrial, commercial and construction products. Founded in 1994, Alliance has grown to become one of the largest ESOP holding companies in the country. Alliance’s mission is to create an enduring, diversified ESOP-owned company that maximizes the value of our employee-owners retirement accounts.

For more information, contact:

Ken Wanko
Director, Acquisitions & Operations
Alliance Holdings, Inc.
1021 Old York Road, 3rd Fl.
Abington, PA 19001
(T) 215.706.0873 ext. 126 (F) 215.706.0877
wanko@allianceholdings.com
 

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