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Boston, MA – December 14th, 2023 – Trexon, a portfolio company of Audax Private Equity and a leading provider of specialty connectivity solutions for mission-critical applications, announced today that it has completed the acquisition of Qualastat Electronics, Inc. Qualastat is an AS9100 certified value-added manufacturer of cable assemblies, fiber optic assemblies, RF/semi-rigid assemblies, flex circuit assemblies as well as box and cabinet builds. With a total of 12 acquisitions since 2018, Trexon continues to demonstrate a steadfast commitment to expanding its presence in the aerospace and defense markets.
Regarding the addition of Qualastat to the Trexon team, Mark Twaalfhoven, President and CEO of Trexon stated:
“The addition of Qualastat brings to Trexon a proven assembly and harness solutions provider that is aligned with our vision and strategy. We look forward to working with Qualastat and utilize the Trexon resources to further facilitate their growth. We anticipate a fruitful and successful relationship and extend a warm welcome to Qualastat as part of the Trexon family.”
Speaking on the transaction, Vernon Judy, Jr., former owner of Qualastat, stated:
“We are extremely excited for a promising future with Trexon. The expertise and experience leveraged through their consolidation of quality-minded, customer-focused brands within the interconnect space will permit Qualastat to better support its customers, employees, and suppliers. With this partnership, we are proud to be counted amongst brands that have been recognized in our industry for many years: companies with exceptional reputations.”
About Qualastat Electronics, Inc.:
Qualastat has built a reputation of producing and delivering high quality interconnect solutions for harsh environments like aerospace, defense, space, and energy markets. Qualastat’s products are manufactured to the highest quality levels to support customer’s critical applications. With a strong mix of product lines and great customer support, Qualastat is a trusted name within the industry. For more information, please visit qualastat.com.
About Trexon:
Trexon 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 specially constructed for a wide range of design challenges across high-reliability applications in diversified industrial end markets, defense, aerospace, cryogenic, space, medical, and other industries. For more information, please visit trexon.com.
Marketing Contact:
Ross Martinez
Macedonia, Ohio – October 2, 2023 – Trexon, a portfolio company of Audax Private Equity and a leading provider of specialty connectivity solutions for mission-critical applications, announced today that it has completed the acquisition of C.E. Precision Assemblies, Inc. (“CEPA”). CEPA is an industry-recognized value-added manufacturer of RF/microwave build-to-print flexible and semi-rigid cable assemblies, as well as molded, and braided wire harnesses. This acquisition represents Trexon’s ongoing commitment to expanding its presence in the military and aerospace markets.
Regarding the addition of CEPA to the Trexon team, Mark Twaalfhoven, President and CEO of Trexon stated:
“The addition of C.E. Precision brings a wealth of experience and expertise in cable assembly and wire harness solutions that support our strategic vision of delivering high quality, mission-critical assemblies. We look forward to a prosperous relationship and welcome CEPA to the Trexon family.”
Speaking on the transaction, Paul Ross, former owner of CEPA, stated:
“With our primary aerospace and defense customers in mind, we chose to partner with Trexon to support our ongoing growth efforts. We are excited to be part of a bigger entity with similar values and philosophy and to be able to take advantage of the extensive knowledge within the other Trexon businesses. We look forward to what the future holds with CEPA and Trexon together.”
About C.E. Precision Assemblies, Inc.:
Founded in 1986, CEPA has built a reputation of producing and delivering high quality interconnect solutions for Military and Aerospace applications. From build-to-print flexible and semi-rigid RF/Microwave cable assemblies to simple, complex, molded, and braided wire harnesses, CEPA’s products are used in a wide variety of applications. For more information, please visit https://cepainc.com.
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 specially constructed for a wide range of design challenges across high-reliability applications in diversified industrial end markets, defense, aerospace, cryogenic, space, medical, and other industries. For more information, please visit trexon.com.
Marketing Contact:
Ross Martinez
Macedonia, Ohio – July 25, 2023 – Trexon, a portfolio company of Audax Private Equity, a leading provider of connectivity solutions for mission-critical applications, announced today that it has completed the acquisition of 603 Manufacturing, a value-added manufacturer of high-performance wire and cable assemblies, RF/microwave coaxial cable assemblies.
Trexon CEO and President, Mark Twaalfhoven stated:
“The acquisition of 603 Manufacturing brings a customer focused organization with a level of expertise and experience aligned with our vision. 603’s products enable crucial technologies driving key megatrends, particularly in commercial space, focusing on avionics for rocket engines, and cutting-edge harnesses for satellites. We aim to benefit from their expertise fostering the growth of our shared business.”
Regarding the acquisition, Trexon Engineered Products Group Vice President, Aaron Gough stated:
” We look forward to leveraging 603’s expertise in RF, ruggedized technologies, and specifically, space applications to further expand our customer base and enable us to broaden our reach into these markets. We welcome Robert “Chip” Chipman to the Trexon EP family and look forward to working closely with him and his team, to foster a collaborative environment to fuel our mutual growth.”
On the transaction, Phil Lausier, Founder of 603 Manufacturing stated:
“The decision to unite forces with Trexon was driven by their unwavering commitment to the security and wellbeing of our valued employees, which has been the cornerstone of 603’s success. The Trexon acquisition empowers us to harness the necessary horsepower for exponential business growth and increased market share, mutually benefiting both organizations. I am proud of our legacy and believe that Trexon will bring unparalleled solutions to the market and making a positive impact on the lives we touch. “
And, further speaking of the transaction, Robert Chipman, former owner and new General Manager of 603 Manufacturing added:
“We sought a partner who shared our core values and believe to have found a perfect match with Trexon. This collaboration will bring a positive impact to our valued customers and dedicated employees. With the support of Trexon, we are now able to venture into previously untapped markets, unlocking new opportunities for 603 Manufacturing and look forward to embracing the challenges together.”
About 603 Manufacturing:
Founded in 1998, 603 Manufacturing originated as RF Logic, through a strategic partnership, eventually evolved into the current business 603 Manufacturing. 603 is a manufacturer of high-performance cable assemblies, and electro-mechanical assemblies. Its products including box builds are designed for applications in the aerospace, defense electronics, wireless infrastructure, and telecommunications, medical, industrial and test and measurement marketplaces. Its reputation is built on excellent customer service delivering reliable, high-performance, cost-effective interconnect solutions to the most challenging complex cable, harness, and microwave cable configuration problems. For more information, please visit 603mfg.com.
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 specially constructed for a wide range of design challenges across high-reliability applications in diversified industrial end markets, defense, aerospace, cryogenic, space, medical, and other industries. For more information, please visit trexon.com.
Media Contact:
Ross Martinez
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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 – 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
Macedonia, Ohio – February 18, 2021 – TPC Wire & Cable (TPC), a portfolio company of Audax Private Equity, announced today that it has completed the acquisition of Integrated Cable Systems, Inc. (ICS), an ISO 9001 certified supplier of custom cables, harnesses, electro-mechanical assemblies and industrial panels. Based in Longmont, Colorado, ICS’s solutions are widely used in medical, test and measurement and other highly sophisticated markets where quality and precision are critical. TPC recently formed its Engineered Products Division to expand its coverage of high-reliability end markets like military, aerospace, medical equipment, and others. The partnership with ICS enhances TPC’s solutions offering to these end-markets by expanding its portfolio of specialized wire and cable solutions for high-reliability applications.
In making the announcement, TPC President and CEO Jeff Crane, commented, “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 ICS will enable the organization to build upon the success that Curt Even and his team have achieved over the years. Our commitment is to provide the ICS team with the tools and resources to provide the highest quality products and services to their customers”
On the transaction, Dr. Nildeep Patel, President of TPC’s Engineered Products Division stated, “ICS provides an excellent value add capability in the medical and semiconductor markets to TPC’s newly formed Engineered Products Division, which specializes in bespoke customer solutions in niche markets. We believe this will be a mutually beneficial partnership allowing ICS to continue growing its capabilities and value proposition via TPC’s investment and technical expertise. We are looking forward to welcoming the ICS team to the TPC family.”
Curt Even, General Manager and former owner of ICS had this to say, “As our business grew over the last few years, we knew we would need outside resources to support the current and future needs of the organization. TPC brings those resources, and a lot more, to help us exceed the expectations of our current customers and make the investments necessary to expand our customer base.”
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 Integrated Cable Systems, Inc.
Founded in 1998, ICS has leveraged its expertise to serve highly technical industries with turnkey solutions through design, selection, and testing of interconnect product solutions. The company is known for its engineering expertise, and responsive lead times for its customers while a maintaining stringent regulatory policies and a quality assurance system certified to the ISO 9001 standard. For more information, visit ics-mfg.com.