THREE’S A CHARM FOR GRAHAM PARTNERS’ PORTFOLIO COMPANY B&B

PHILADELPHIA, June 12, 2012 – B&B Electronics (“B&B”), a Graham Partners portfolio company specializing in industrial connectivity, has acquired IMC Networks (“IMC”), a leading provider of fiber optic access and media conversion solutions. With this acquisition, B&B solidifies its position as the single point of support for connectivity solutions needed by companies with networks of all sizes. This acquisition increases B&B’s product offering of Ethernet-based products and offers B&B further international expansion into South Africa, EMEA and the Pacific Rim.

B&B continues to execute its strategy of expanding its product offering in higher growth market segments, particularly wireless and Ethernet technologies. With Graham’s active involvement, B&B has pursued this strategy via acquisition, with IMC being the third add-on acquisition made by B&B in the past eight months. In March 2012, B&B acquired the Czech-based Conel s.r.o., a manufacturer of ruggedized cellular products and in October 2011, B&B purchased Quatech, an Ohio-based designer and manufacturer of device and networking connectivity solutions.

Graham Partners partnered with Inverness Graham Investments to acquire B&B in 2008.

About B&B (www.bb-elec.com): Headquartered in Ottawa, Illinois, B&B designs, manufactures and sells mission critical communications products sold primarily in the industrial sector. B&B’s principal end customers are value-added middle market manufacturers, as well as energy & power companies, healthcare providers, and government facilities employing legacy industrial and commercial equipment that has not been networked or that operates on disparate technologies – a market comprised of millions of pieces of equipment. B&B’s networking products are designed specifically for rugged industrial environments, and allow multiple technology interfaces (Ethernet, USB, wireless, serial, etc.) to function within a network.

 

FOR FURTHER INFORMATION CONTACT:

Andrew Snyder (asnyder@grahampartners.net)
Christina Morin (cmorin@grahampartners.net)
Tel: (610) 408-0500 / Fax: (610) 408-0600
www.grahampartners.net