MACEDONIA, Ohio, USA, and Chelmsford UK – September 23, 2022 – Trexon, a portfolio company of Audax Private Equity, announced today that it has completed the acquisition of Intelliconnect, a supplier of RF connectors, adapters, and cable assemblies.
Founded in 2003 and based in Chelmsford, UK., Intelliconnect has grown rapidly since its inception, becoming a market leader in design-led RF (radio frequency) components.
Regarding the addition of Intelliconnect to the Trexon team, Mark Twaalfhoven, President, and Chief Executive Officer of Trexon stated,
“The addition of Intelliconnect brings a customer-centric organization with a level of expertise and experience that aligns with the Trexon strategic vision of delivering application specific solutions. Their innovation enables the development of critical technologies that support key megatrend drivers such as AI and the application for quantum computing. We look forward to a long and prosperous relationship with Intelliconnect.”
Of the transaction, Dr. Nildeep Patel, President of Trexon Engineered Products Division stated,
“Adding Intelliconnect to the Engineered Products portfolio builds on our current expertise in RF products designed for highly engineered systems for a range of applications. Their unique capability of combining high precision RF products performing at cryogenic temperatures adds yet another dimension to our already proven RF technology range.”
Speaking on the transaction, Intelliconnect’s founder, Roy Phillips said:
“After nearly 20 years of success and growth, we recognised that to reach the next level of excellence, Intelliconnect needed to be part of a bigger, financially strong group which has the same aspirations, goals, and vision that we do. We are confident that Trexon is the perfect partner. Their strong track record in acquiring good businesses and making them better whilst investing and supporting their existing teams is one of the key reasons that we chose them as our acquirer.”
And, speaking of the transaction, Gareth Phillips, Intelliconnect’s Managing Director, added:
Trexon is highly aligned with Intelliconnect’s philosophy and desire to grow our world class RF and Cryogenic product offering. We have worked hard to build a solid platform of best-in-class services and products and we are thrilled to be partnering with the wider Trexon family to take us to the next level and beyond. I am very much looking forward to working with Trexon to maximize our potential and that of our fantastic employees.”
About Trexon:
Founded in 1979, Trexon (formerly TPC Wire & Cable Company) is a leading designer and provider of high-performance wire, cable, connectors, assemblies, and accessories used in harsh, high cost-of-failure environments. Trexon’s products are designed to exceed customer performance specifications and withstand abuse from impact, abrasion, flexing, chemicals, extreme temperatures, miniaturization, and other demanding design requirements. Trexon’s products are specially constructed for a wide range of design challenges across high-reliability applications in diversified industrial end markets, defense, aerospace, medical and other industries. For more information, visit trexonglobal.com.
Media Contact:
Ross Martinez
MACEDONIA, Ohio, U.S.A. – Oct. 6, 2021 – TPC Wire & Cable (TPC) today announces the formation of the Trexon brand, which encompasses the brand portfolio of TPC, Pittsburgh Wire and Cable, MilRail, EZ Form Cable, CiCoil, Hydro Group, Integrated Cable Systems (ICS) and The First Electronics Corporation (FEC). The company is headquartered in Macedonia, Ohio.
Trexon is a leading provider of unique connectivity solutions built to withstand the toughest environments and the most exacting applications. The new brand is comprised of some of the most innovative specialty connectivity companies in the world.
There are two divisions within Trexon: Industrial Products and Engineered Products. Industrial Products is comprised of TPC, MilRail, and Pittsburgh Wire and Cable, and its products are manufactured to provide top performance in the most demanding environments. Engineered Products is comprised of CiCoil, EZ Form Cable, Hydro Group, ICS and FEC, and its products are designed into exacting and mission-critical applications.
The existing TPC leadership will take the helm at Trexon, with Jeff Crane as President and CEO, Todd Spaulding managing the Industrial Products business, and Nildeep Patel leading the Engineered Products business.
“The collective strength of Trexon’s brands puts us in a unique position to provide the best possible high-performance wire and cable solutions to our customers,” said Jeff Crane, President and CEO, Trexon. “We care deeply about pioneering new solutions and collaborating with our customers to solve the world’s most challenging connectivity problems.”
Trexon promises to always design for durability and engineer for excellence, leveraging collective market expertise, collaboration, and a flexible service model that allows them to design connectivity solutions that increase performance and maximize uptime for customers. Each of Trexon’s leading specialty connectivity companies will play an important role in this mission.
“All of the companies under the Trexon umbrella bring with them their own brand identity and strong heritage,” added Jeff Crane. “We will protect and build upon these legacies even as we establish this new Trexon brand to convey a collective global message about the unique connectivity solutions that we provide.”
About Trexon
Trexon is built through the transformative combination of some of the most innovative specialty connectivity companies in the world. They provide unique connectivity solutions that withstand the toughest environments and most exacting applications. Headquartered in Macedonia, Ohio, U.S.A., Trexon has more than 700 connectivity experts serving the daily needs of customers across the United States, Canada, Central and South America, Europe, and East Asia. For additional information, please visit www.trexonglobal.com. Trexon is a portfolio company of Audax Group, a private equity group based in Boston, Massachusetts, U.S.A.
Media Contacts:
Jen Readence
Marketing Manager
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+1 216 525 4425
Ross Martinez
Marketing Manager
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+1 480 356 9066