WiredInUSA-December2015

Moving down to Mexico

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.”

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wiredInUSA - December 2015

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