Graham Partners Connects the Dots, Wirelessly
October 17th, 2011
Graham Partners is pleased to announce that one of its portfolio companies, B&B Electronics, has acquired Quatech, Inc., a leading high performance device networking and connectivity solutions provider. This acquisition broadens B&B’s wireless and serial product offering, increases its engineering and technical capabilities, and strengthens its management team. Graham Partners partnered with Inverness Graham Investments to acquire B&B Electronics in 2008.
Graham Partners’ strategy is to acquire industrial businesses that are benefiting from raw materials and technology conversion trends in their industries, where Graham can utilize its extensive operating resources and industrial network to add value. In B&B’s case, the ongoing shift of isolated manufacturing equipment to a fully-integrated and networked manufacturing environment is driving demand for the company’s connectivity products.
B&B Electronics, headquartered in Ottawa, Illinois, is known globally as a one-stop source for rugged, reliable wireless connectivity and communications solutions backed by strong technical support. The Company’s principal end customers are middle market manufacturers that employ legacy industrial equipment that has not been networked or that operates on disparate technologies — a market comprised of millions of machines. B&B’s networking products are designed specifically for rugged industrial environments and allow multiple technology interfaces (Ethernet, USB, wireless, serial, etc.) to operate within a network.
About Graham Partners (www.grahampartners.net): Graham Partners is a leading, lower middle market private equity firm based in suburban Philadelphia with over $1.5 billion under management. Graham Partners is sponsored by the privately held Graham Group of York, Pennsylvania, an industrial and investment concern with global interests in plastics, packaging, machinery, building products and outsource manufacturing. Graham Partners seeks to acquire industrial and manufacturing-related companies with revenues between $30 million and $500 million that participate in niches where Graham can leverage its unique combination of operating resources and financial expertise to drive value creation.
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