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Announced

Completed

Rockwood-backed BJG Electronics completed the acquisition of Whitmor/Wirenetics and Intro.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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cable manufacturing

Majority

Electrical Components

cables

Acquisition

Private

Completed

United States

Friendly

electrical connectors

Private Equity

Single Bidder

Synopsis

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Private equity firm Rockwood Equity Partners-backed BJG Electronics Group, a supplier of interconnect, electromechanical and cable & wire products, completed the acquisition of Whitmor/Wirenetics, a provider of high-performance wires and cables, and Intro, a supplier of electrical connectors, contacts, tools, and accessories. Financial terms were not disclosed. “The addition of Whitmor/Wirenetics allows BJG to provide customers across the country with exceptional value and best-in-class solutions through expanded inventory, infrastructure, and geographic reach. The Intro acquisition fills a gap in BJG’s line card around commercial aviation with its highly regarded RMS connector line and establishes a beachhead that will allow BJG to serve the MRO marketplace," Rick Flora, BJG CEO.

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