Winchester Electronics, a portfolio company of Audax Private Equity, has completed the acquisition of Bomar Interconnect Products.
Bomar is a producer of radio frequency (RF) connectors for the RF, video, broadcast, and wireless markets. The company was founded in 1989 and is based in Ledgewood, NJ (www.bomarinterconnect.com).
The acquisition of Bomar expands Winchester’s OEM relationships in the broadcast market and provides a complementary BNC product line for board-mounted applications. BNC connectors are miniature quick connect/disconnect RF connectors used for coaxial cable.
Winchester is a designer and manufacturer of connectors and cable assemblies used in the medical, military, energy & power, broadcast and ruggedized industrial end markets. The company is based in Middlebury, CT (www.winchesterelectronics.com).
Audax acquired Winchester in June 2006 and has completed six add-on acquisitions including: Continental Connector Company (Hatfield, PA) in May of 2013; Clements National Company (Broadview, IL) in August of 2012; Electrical Specialty Products (Spartanburg, SC) in July of 2012; Kings Electronics Corporation (Rock Hill, SC) in May of 2007; and Advanced Interconnect (Franklin, MA) in April of 2007.
“Winchester is a market leading provider of interconnect technologies. The acquisition of Bomar diversifies its customer base and product offering. We will continue to work with Kevin Perhamus and the Winchester team to build the business through new product introductions, global expansion, and strategic add-on acquisitions,” said Oliver Ewald, Managing Director of Audax Private Equity.
The Audax Group makes control investments of $10 million to $100 million in middle market companies with transaction values of $25 million to $500 million. Sectors of interest include industrial manufacturing; energy; outsourced industrial services; consumer products; healthcare devices and services; non-asset based logistics; technology; aerospace & defense; business services; and direct marketing. The firm was founded in 1999 and has offices in Boston and New York (www.audaxgroup.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 8-8-13
