MACEDONIA, Ohio – (COMMERCIAL THREAD) – Trexon, a holding company of Audax Private Equity, today announced that it has completed the acquisition of Power Connector Inc. (“PCI”), a leading provider of tactical communications interconnects for military applications. Founded in 1987 and based in Suffolk County, NY, PCI is a Defense Logistics Agency QPL manufacturer of MIL-DTL-55181 and MIL-DTL-55116 connectors. Designed in portable and mounted radio systems, PCI power connectors, audio connectors and other interconnect components complement Trexon’s existing specialty connectivity offerings for mission-critical applications. PCI’s commitment to excellence and innovation is demonstrated by its high performance equipment, strict quality standards and skilled and dedicated employees.
Regarding the addition of PCI to the Trexon team, Jeff Crane, President and CEO of Trexon said: “With this acquisition, Trexon continues to build a market leader in specialized connectivity solutions for mission-critical applications. We look forward to working with the strong team that Andy Linder has assembled as we seek to maximize PCI’s growth potential. “
Commenting on the transaction, Dr. Nildeep Patel, President of the Trexon Engineered Products Division, said: “The addition of PCI adds another component to the value-added cable, connectivity / interconnect solutions currently offered by Trexon in the aerospace and defense markets, while expanding our product portfolio to include connectors from specialized power and audio. We believe this will be a symbiotic relationship, allowing PCI to benefit from our extensive technical expertise, international sales force and global footprint.
Speaking on the transaction, PCI CEO Todd West said “We believe the new coupling of Trexon’s engineering product group with PCI’s advancement in lighter, small form factor connectors paves the way for faster time to market to meet the dynamic needs of the defense communications industry.
And, speaking of the transaction, PCI founder Andrew Linder added “PCI was founded on the core principle of meeting customer needs in a timely and competitive manner without ever compromising the integrity of the products we make. We believe that Trexon’s partnership with PCI will enhance Trexon’s solution offerings for the high reliability end markets it serves, such as the aerospace and defense, semiconductor, submarine industries. , renewable energies and medical devices, among others. The transaction will expand Trexon’s portfolio of specialty tactical communications connectors and value-added services such as cable assemblies, enclosure constructions and electromechanical hardware for high reliability critical applications. We are very excited about the future.
Founded in 1979, Trexon (formerly TPC Wire & Cable Company) is a leading designer and supplier of high performance wire, cables, connectors, assemblies and accessories for use in harsh environments and high cost to fail. Trexon products are engineered to exceed customer performance specifications and withstand abuse from impact, abrasion, bending, chemicals, temperature extremes, miniaturization and other demanding design requirements. . Trexon products are uniquely engineered for a wide range of design challenges in high reliability applications in diverse industrial end markets, defense, aerospace, medicine and other industries. For more information, visit trexonglobal.com.