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.
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