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Snow Phipps Acquires Winchester Electronics From Audax

  • Region:

    United States of America

  • Sector:

    Utilities

  • Deal Size:

  • Buy Side Company:

    Snow Phipps Group
  • Sell Side Company:

    Audax Private Equity Group
  • Target Company:

    Winchester Electronics Corporation

Audax Private Equity has completed the sale of Winchester Electronics to Snow Phipps, a private equity firm based in New York, in conjunction with management and other investors. Terms of the transaction have not been disclosed. Headquartered in South Norwalk, Connecticut, Winchester is a provider of custom engineered interconnect solutions for high reliability applications in the military/aerospace, medical, semiconductor, oil and gas, and other diversified end markets. Since Audax’ initial investment in 2006, Winchester has completed 13 acquisitions, diversifying the company’s customer and end-market exposure, shifting business mix toward higher growth and higher margin ruggedized applications, and broadening its product and manufacturing capabilities.

Tags:

news,Audax Private Equity,PE DEals,Private Equity Deals,Winchester Electronics,Snow Phipps,M&A,Mergers & Acquisitions