Wynnchurch Building America II

Wynnchurch Building America II

America II, a distributor of electronic components and a portfolio company of Wynnchurch Capital since October 2017, has acquired Advanced MP Technology.

Advanced MP is a global distributor of electronic components and a provider of supply chain services. The company specializes in hard-to-find as well as mature and obsolete electronic components, all of which they test and inspect in-house. Advanced MP has distribution facilities in the US (California), Hungary, and China along with sales and sourcing functions in 26 locations in the Americas, Europe, and Asia. The company, led by CEO Homey Shorooghi, was founded in 1978 and is headquartered in San Clemente, CA (www.advancedmp.com).

America II supplies an array of products that are used in applications across many end-markets including industrial controls and sensors, medical devices, data networks, internet-connected products and material handling/transportation equipment. The company has more than four billion parts (approximately 100,000 SKUs) that are in stock and ready to ship which, according to America II, makes it one of the world’s largest distributors of semiconductors and electronic components. America II’s product line includes batteries, cable assemblies, connectors, diodes, fuses and circuit breakers, LEDs, microcontrollers, microprocessors, resistors, sensors, switches and relays, transformers, voltage regulators. America II was founded in 1989 and is headquartered in St. Petersburg, FL with a 420,000 square-foot distribution facility. The company, led by CEO Mike Galinski, has additional offices in the UK, Germany, China, Japan, Singapore and Mexico (www.americaii.com).

“This combination will significantly expand our collective product offerings, services and geographic presence to better serve our customers worldwide and drive continued scale and growth in key markets,” said Jed Pecchioli, Chief Operating Officer of America II. “We are excited to join forces and leverage both of our capabilities to improve the overall value proposition we offer to our expanded global customer base.”

Wynnchurch makes investments in middle-market companies that have revenues of $50 million to $1 billion. Sectors of interest include aerospace & defense, automotive, building products, chemicals, food, logistics, energy services & equipment, environmental services, industrial products & services, metals & mining, and paper & packaging. The firm was founded in 1999 and is located in the Chicago suburb of Rosemont with additional offices in Los Angeles (El Segundo), and Toronto (www.wynnchurch.com).

© 2018 Private Equity Professional | September 21, 2018

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