18 / 46
wiredInUSA - December 2015
18
TPC Wire & Cable Corp has completed
its acquisition of Enersave Wire & Cable
(EWC). Founded in 1978, TPC is a producer
of high performance wire, cable and
connectors for harsh environments in a
wide range of industries.
The acquisition of EWC aligns with TPC’s
strategy to expand its assembly services
and product inventory into Mexico, and
will accelerate TPC’s growth in Mexico
and Latin America through the addition
of direct sales, local distribution and
cable assembly capabilities.
TPC was acquired by Audax Private
Equity in May 2015. Enersave is TPC’s first
acquisition under the Audax ownership.
The leadership team of EWC, Raul Ortega
Sr and Raul Ortega Jr, will remain with the
business.
“We are excited to have Enersave
become part of the TPC family,” said
Steve Michalski, CEO of TPC Wire &
Cable Corp. “The Ortegas have done a
marvelous job of growing the TPC brand
in Mexico and we are looking forward to
continuing their endeavors with this new
partnership.
“The acquisition allows us to increase our
inventory of harsh industrial cables and
accessories to better serve our customers
in Mexico.”
Moving
down to
Mexico
18