Winchester Interconnect Corporation, a portfolio company of Snow Phipps Group, has acquired Houston-based W-Technology Inc, a maker of rotatable and molded connectors, precision-machined components and specialized cable assemblies. No financial terms were disclosed.
NORWALK, Conn., Aug. 21, 2018 /PRNewswire/ — Winchester Interconnect Corporation, a portfolio company of Snow Phipps Group, announced today that it has successfully completed the acquisition of W-Technology Inc. Headquartered in Houston, TX, W-Tech specializes in the design and development of rotatable and molded connectors, precision-machined components, and specialized cable assemblies.
“W-Tech expands Winchester’s product breadth and provides access to new customers in the oil and gas end markets,” said Kevin Perhamus, CEO of Winchester. “We are excited to work with the company’s strong management team to drive future growth across the combined platform.”
On July 10, Winchester announced that it has entered into a definitive agreement to be acquired by Aptiv PLC, a global technology company enabling the future of mobility. The transaction is expected to close by the end of 2018.
About Winchester Interconnect
For over 75 years, Winchester Interconnect has been a leading provider of custom engineered interconnect solutions for a diverse range of growing end markets that require high reliability and application specific expertise. For more information about Winchester, visit www.winconn.com.
About Snow Phipps Group
Snow Phipps is a private equity firm focused on lower middle-market control investments with $2.4 billion of total capital commitments raised since its founding in 2005. The firm generally focuses on companies in attractive sub-sectors across the Industrials, Services and Consumer industries. For more information about Snow Phipps, visit www.snowphipps.com.