News & Analysis

US-based Trexon acquires UK's Intelliconnect

6th October 2022
Mick Elliott
0

Intelliconnect, the UK-based supplier of RF connectors, adapters, and cable assemblies has been acquired by Trexon, a portfolio company of Audax Private Equity.

Founded in 2003 and based in Chelmsford, UK., Intelliconnect has grown rapidly since its inception, becoming a market leader in design-led RF (radio frequency) components.

Mark Twaalfhoven, President, and Chief Executive Officer of Trexon stated, “The addition of Intelliconnect brings a customer-centric organisation with a level of expertise and experience that aligns with the Trexon strategic vision of delivering application specific solutions. Their innovation enables the development of critical technologies that support key megatrend drivers such as AI and the application for quantum computing. We look forward to a long and prosperous relationship with Intelliconnect.”

Dr. Nildeep Patel, President of Trexon Engineered Products Division commented, “Adding Intelliconnect to the Engineered Products portfolio builds on our current expertise in RF products designed for highly engineered systems for a range of applications. Their unique capability of combining high precision RF products performing at cryogenic temperatures adds yet another dimension to our already proven RF technology range.”

Intelliconnect’s founder, Roy Phillips (pictured) said: “After nearly 20 years of success and growth, we recognised that to reach the next level of excellence, Intelliconnect needed to be part of a bigger, financially strong group which has the same aspirations, goals, and vision that we do. We are confident that Trexon is the perfect partner. Their strong track record in acquiring good businesses and making them better whilst investing and supporting their existing teams is one of the key reasons that we chose them as our acquirer.”

Gareth Phillips, Intelliconnect’s Managing Director, added: "Trexon is highly aligned with Intelliconnect’s philosophy and desire to grow our world class RF and Cryogenic product offering. We have worked hard to build a solid platform of best-in-class services and products and we are thrilled to be partnering with the wider Trexon family to take us to the next level and beyond. I am very much looking forward to working with Trexon to maximise our potential and that of our fantastic employees.”

Founded in 1979, Trexon (formerly TPC Wire & Cable Company) is a leading designer and provider of high-performance wire, cable, connectors, assemblies, and accessories used in harsh, high cost-of-failure environments. Trexon’s products are designed to exceed customer performance specifications and withstand abuse from impact, abrasion, flexing, chemicals, extreme temperatures, miniaturisation, and other demanding design requirements.

Its products are specially constructed for a wide range of design challenges across high-reliability applications in diversified industrial end markets, defense, aerospace, medical and other industries.

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