Announced
Financials
Sources
Tags
Domestic
Telecommunications Equipment
Private
Acquisition
United States
wire and cables
Completed
Majority
Friendly
Single Bidder
Private Equity
Synopsis
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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