Announced
Completed
Financials
Sources
Tags
cable assemblies
Friendly
RF connectors
Single Bidder
Cross Border
Acquisition
Majority
Private
United Kingdom
radio frequency modules
Private Equity
Telecommunications Equipment
Completed
Synopsis
Audax Private Equity-backed Trexon, a provider of unique connectivity solutions, completed the acquisition of Intelliconnect, a supplier of RF connectors, adapters, and cable assemblies. Financial terms were not disclosed. "After nearly 20 years of success and growth, we recognised that to reach the next level of excellence, Intelliconnect needed to be part of a bigger, financially strong group which has the same aspirations, goals, and vision that we do. We are confident that Trexon is the perfect partner. Their strong track record in acquiring good businesses and making them better whilst investing and supporting their existing teams is one of the key reasons that we chose them as our acquirer," Roy Phillips, Intelliconnect Founder.
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