Announced

Completed

Audax-backed TPC Wire & Cable completed the acquisition of Hydro Group.

Synopsis

Audax-backed TPC Wire & Cable, a supplier of high-performance wire, cable, connectors, assemblies, and accessories, completed the acquisition of Hydro Group, a provider of custom subsea connectivity solutions. Financial terms were not disclosed. "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," Jeff Crane, TPC President and CEO.

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