Windjammer Capital Investors (“Windjammer”) is pleased to announce the acquisition of Mission Critical Electronics, Inc. (“MCE” or the “Company”) in partnership with MCE’s current management team. Terms of the transaction were not disclosed.
Headquartered in Santa Ana, CA, Mission Critical Electronics (MCE) is a niche-oriented manufacturer of power conversion, battery charging and battery products operating under the leading brands Kussmaul Electronics, Newmar Power, ASEA Power Systems, Power Products, and American Battery Charging. The Company focuses on critical system applications in specialty vehicle, public safety, and industrial/marine applications where durability, reliability, and performance are essential to deliver immediately accessible power. MCE’s solutions address application specific requirements for 4,000 customers across 2,000+ branded SKUs. MCE has continuously provided leading product quality and reliability, with high levels of service that have enabled it to build strong reputations and customer loyalty in its served markets.
“We’re excited to embark on the next phase of the Company’s growth with Windjammer,” commented Alan Pemberton, CEO of MCE. “Windjammer's strategic and operational capabilities, as well as their history of investing in niche-oriented, middle market companies will provide resources that will be valuable to us as we continue to expand our business, both organically and through acquisition. We are looking forward to the partnership.”
“MCE has built leading positions and a strong reputation in its served markets with high quality products and deep application engineering expertise,” said Jeff Miehe, Managing Director at Windjammer. “MCE is a great fit for Windjammer and our investment strategy. The combination of Windjammer’s strategic, operating and capital resources with MCE’s capabilities, position the Company to capitalize on its multiple growth opportunities.”
Windjammer’s investment creates a platform for MCE to accelerate its growth, both organically through investment in new product development engineering and through strategic, add-on acquisitions. More information on MCE can be found at www.mission-critical-electronics.com.
If you would like more information or have any questions related to this transaction, please contact Jeff Miehe or Matt Anderson at 949-721-9944.
Windjammer Capital is a national private equity investment firm, based in Newport Beach, CA and Waltham, MA that invests control equity in middle‐market businesses and in partnership with management. Windjammer manages over $2 billion of committed capital with respect to its control equity investment strategy, and since its founding in 1990, has completed over 50 platform acquisitions and over 100 strategic add‐ons. The firm targets investments in companies that are leaders in attractive niche markets and share several of the following characteristics: significant and defensible market positions; differentiated products and services; strong management teams; scalable business models; identifiable growth opportunities; and consistent financial performance.
More information on Windjammer can be found at www.windjammercapital.com.