National Hybrid is a designer and manufacturer of military standard data networking technology, specializing in components for the defense and aerospace sectors. The company is headquartered in Ronkonkoma, NY (www.nationalhybrid.com).
Data Device Corporation (DDC) is a designer and manufacturer of data networking, motion control, and solid-state power controller products for aerospace, defense, and industrial applications. The company was founded in 1964 and is headquartered in Bohemia, NY (www.ddc-web.com).
“National Hybrid is an ideal strategic acquisition for DDC. This addition of National Hybrid’s product line will greatly enhance DDC’s offering to its customers and also provide access to new strategic markets. We look forward to building upon National Hybrid’s leadership in military specification data bus products,” said Vincent Buffa, President of DDC.
Behrman Capital invests in management buyouts, leveraged buildups and recapitalizations of established growth businesses. The firm’s investments are primarily focused in five industries: health care, specialty manufacturing, business to business outsourcing, defense and information technology. Behrman Capital currently has in excess of $3 billion in assets under management. The firm was founded in 1991 and has offices in New York and San Francisco (www.behrmancap.com).
“We are excited about incorporating National Hybrid into the DDC platform. The combination will strengthen DDC’s access to additional sales channels, customers and locations. We are proud to support Vincent Buffa and his team, who have done an exceptional job of building DDC, as they continue to drive industry-leading innovation and customer service,” said Grant Behrman, Managing Partner of Behrman Capital.
© 2013 PEPD • Private Equity’s Leading News Magazine • 7-8-13