Winchester Electronics Corp., a portfolio company of Audax Private Equity, said Wednesday that it has closed its acquisition of Bomar Interconnect Products. No financial terms were disclosed. Headquartered in Ledgewood, NJ, Bomar is a producer of RF connectors for the RF, video, broadcast and wireless markets.
MIDDLEBURY, Conn.–(BUSINESS WIRE)–Winchester Electronics Corporation (“Winchester”), a portfolio company of Audax Private Equity (“Audax”), announced it has completed the acquisition of Bomar Interconnect Products (“Bomar”). Headquartered in Ledgewood, New Jersey, Bomar is a producer of RF Connectors for the RF, video, broadcast, wireless, and related markets. The acquisition of Bomar expands Winchester’s OEM relationships in the broadcast market and provides a complementary BNC product line for board-mounted applications.
“The acquisition of Bomar is an exciting development for Winchester and our customers, who will benefit from this new product line introduction. We look forward to working with Bob Behrent and his team to share best practices across the businesses.”
Winchester, based in Middlebury, Connecticut, is a designer and manufacturer of connectivity solutions, including both connectors and cable assemblies, for diversified end markets including medical, military, energy & power, broadcast and ruggedized industrial, among others. Since Audax’ acquisition in June 2006, Winchester has completed six add-on acquisitions, including: Continental Connector Company of Hatfield, Pennsylvania in May of 2013, Clements National Company of Broadview, Illinois in August of 2012, Electrical Specialty Products, Inc. of Spartanburg, South Carolina in July of 2012, Kings Electronics Corporation, Inc. of Rock Hill, South Carolina in May of 2007, and Advanced Interconnect, Inc. of Franklin, Massachusetts in April of 2007.
Oliver Ewald, Managing Director of Audax Private Equity, said “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.”
Kevin Perhamus, CEO of Winchester, said “The acquisition of Bomar is an exciting development for Winchester and our customers, who will benefit from this new product line introduction. We look forward to working with Bob Behrent and his team to share best practices across the businesses.”
Bob Behrent, CEO of Bomar, said “This acquisition is a positive outcome for our employees and customers. I look forward to working with Kevin Perhamus and the Winchester team as we continue to build the company.”
Parker Poe Adams & Bernstein LLP served as counsel to Winchester.
ABOUT AUDAX GROUP
Audax Group, founded in 1999, is a leading investor in lower-middle market companies. With offices in Boston and New York, Audax has over $5 billion in assets under management in its Private Equity, Mezzanine, and Senior Debt businesses. For more information visit the Audax Group website www.audaxgroup.com.
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