BEI PSSC: JFLCO-backed BEI Precision buys Wenzel

BEI Precision, which is backed by J.F. Lehman & Company, has acquired Austin-based Wenzel Associates Inc, a provider of crystal oscillators, fixed frequency systems, integrated microwave assemblies and synthesizers for military, space and commercial markets. No financial terms were disclosed. KippsDeSanto & Co served as financial adviser to BEI Precision and JFLCO on the deal.