PHD Equity Partners completed an investment in AMC.

PHD, a private equity firm, invested in Auto Marine Cables, a family-run supplier of low-voltage cables to the automotive and marine industries. Financial terms were not disclosed. "With its reputation for quality, its agile approach, and its ability to make 'just in time' deliveries, AMC has a strong competitive advantage within the industry and is an integral part of the supply chain for many of its customers," Craig Richardson, PHD Partner.