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Announced

Cerberus Capital-backed Electrical Components International completed the acquisition of Omni Connection International.

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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Acquisition

Private

Electronic Equipment: Other

Domestic

automatic transfer switches

Friendly

equipment wiring supplies

wire harness

United States

Majority

Completed

Single Bidder

Private Equity

Synopsis

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Cerberus Capital-backed Electrical Components International, supplier of wire harnesses, electrical components, and sub-assemblies, completed the acquisition of Omni Connection International, a manufacturer of wire harnesses and connection systems. Financial terms were not disclosed. “With its leading electrical architecture solutions and strong engineering capabilities, the company has established longstanding relationships with tier one automotive suppliers. By bringing together ECI’s and Omni’s complementary platforms, we will be able to capture significant growth opportunities in this strategic end market," Michael Balsei, ECI CEO.

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