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.
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Macedonia, Ohio – August 11, 2021 – TPC Wire & Cable (TPC), a portfolio company of Audax Private Equity, announced that it has completed the acquisition of The First Electronics Corporation (FEC), a leading supplier of manufactured custom cable assemblies for Military and Defense applications. Founded in 1955 and based in Boston, Massachusetts, FEC has grown to be the leading supplier of electrical wiring harnesses, specializing in the production of over-molded, extra-flexible, multi-conductor, EMI-shielded cable assemblies and harnesses, and electro-mechanical assemblies custom-built for military applications.
“At TPC, we continue to focus on providing high-performance connectivity solutions for our customers’ high-cost-of-failure applications. We’ve invested in our Engineered Products Division to build on this promise in a growing number of high-reliability end markets and applications. Our investment in FEC will enable the organization to build upon the success that the FEC team has achieved over the years. Our commitment is to provide the FEC organization with the tools and resources to provide the highest quality products and services to their customers.” says Jeff Crane, President and Chief Executive Officer of TPC.
Speaking on the transaction, Will Donnellan, the President of FEC noted, “FEC has enjoyed exponential growth over the last two years. In order to continue that growth and deliver the highest quality product in support of our nation’s defense, we needed to find a strategic partner who had the resources to help us grow and expand but that also understood the military and aerospace marketplace. We found that in our partnership with TPC. FEC is excited about the synergies and additional capabilities the TPC team will add to our industry-leading product line.”
TPC recently formed its Engineered Products Division to expand its coverage of high-reliability end markets like Space, Aerospace & Defense, Semiconductor, Subsea, Renewables and Medical Devices amongst others. The partnership with FEC enhances TPC’s solutions offering to these end-markets by expanding its portfolio of specialized wire and cable solutions for high-reliability, mission critical applications.
About TPC Wire & Cable:
Founded in 1979, TPC is a leading designer and provider of high-performance wire, cable, connectors, assemblies, and accessories used in harsh, high cost-of-failure environments. TPC’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. TPC’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 tpcwire.com.
Macedonia, Ohio – March 29, 2021 – TPC Wire & Cable (“TPC”), a portfolio company of Audax Private Equity, announced today that it has completed the acquisition of Hydro Group (“Hydro”), a global leader in custom subsea connectivity solutions. Based in Aberdeen Scotland, Hydro specializes in the design, engineering, and manufacturing of subsea connectivity products widely used in the oil & gas, marine, renewable energy, and defense industries. TPC recently formed an Engineered Products Division to expand its coverage of high-reliability end-markets like military, aerospace, and medical equipment. The acquisition of Hydro expands TPC’s presence in these desirable end-markets and strengthens its portfolio of specialized, high-reliability wire and cable solutions.
In making the announcement, TPC President and CEO Jeff Crane, explained, “We are very excited to welcome the Hydro Group and all their associates to TPC. The global reach of Hydro’s unique products and services is very impressive, and we look forward to providing the resources and tools to help continue to grow the business. Doug Whyte has built a great company and an even more impressive team at Hydro. We look forward to working closely with them to help accelerate Hydro’s growth.”
Of the transaction, Dr. Nildeep Patel, President of TPC’s Engineered Products Division stated, “The addition of Hydro Group brings a new dimension to an already diversified product offering within the aerospace and defense market while expanding our reach to European markets. Hydro Group presents an excellent value-add capability in the naval, subsea, renewables, and oil & gas markets to the Engineered Products Division of TPC, which specializes in providing bespoke customer solutions within niche markets. We believe this will be a mutually beneficial partnership, allowing Hydro Group to continue growing its capabilities and geographic reach by benefitting from TPC’s investment, technical expertise, and global footprint. We are looking forward to welcoming the Hydro team to the TPC family.”
Douglas Whyte, Managing Director and owner of Hydro Group noted, “The team at Hydro is looking forward to their next chapter of growth. Hydro has a formidable pedigree and is looking to leverage TPC’s support to pursue additional global opportunities. Both companies have deep knowledge and experience that we will look to share and implement to grow our capabilities. We look forward to continuing to deliver custom solutions to customers in extreme environments where high performance is a factor. I would like to thank EY in supporting Hydro in facilitating a seamless and effective transition into the TPC organization.”
About TPC Wire & Cable:
Founded in 1979, TPC is a leading designer and provider of high-performance wire, cable, connectors, assemblies, and accessories used in harsh, high cost-of-failure environments. TPC’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. TPC’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 tpcwire.com.
About Hydro Group.
Founded in 1982, Hydro Group is a leader in the engineering, design, and manufacturing of connectivity solutions, engaging in global projects including solutions for subsea oil & gas structures, floating wind turbines, defense related innovations and tidal stream connectivity. For more information, visit hydrogroup-uk.com