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New Deal


Announced

Audax-backed GCG completed the acquisition of Paige Electric.

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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Domestic

Telecommunications Equipment

Private

Acquisition

United States

wire and cables

Completed

Majority

Friendly

Single Bidder

Private Equity

Synopsis

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Audax-backed Genuine Cable Group, a wire, cable, connectivity and automation distributor, completed the acquisition of Paige Electric, a provider of wire and cable products. Financial terms were not disclosed. "The Paige team's ability to design and develop products has set them apart in the market. Paige's deep sector and application expertise combined with unique product development and value-added capabilities have established them as true partners with their customers, building strong relationships across the US and abroad," Steve Maucieri, GCG CEO.

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