TPC Wire & Cable Sold to Audax Group
May 21, 2015 - TPC Wire & Cable Corp., Macedonia, Ohio, has been sold by Chicago-based private equity group, Pfingsten Partners to Audax Group of Boston. TPC Wire & Cable is a producer of high-performance, high-quality wire, cable, and connectors used in harsh industrial applications.
“We are excited to have Audax as our new partner,” said Steve Michalski, CEO of TPC Wire & Cable Corp. “Their track record of helping teams execute aggressive add-on acquisition strategies will supplement our growth initiatives and further enhance our ability to offer our customers premium products and service levels."