M&A Deal Summary

Amphenol Acquires Casco Automotive Group

On August 29, 2014, Amphenol acquired automotive company Casco Automotive Group from TJC for 450M USD

Acquisition Highlights
  • This is Amphenol’s 1st transaction in the Automotive sector.
  • This is Amphenol’s 4th largest (disclosed) transaction.
  • This is Amphenol’s 10th transaction in the United States.
  • This is Amphenol’s 2nd transaction in Connecticut.

M&A Deal Summary

Date 2014-08-29
Target Casco Automotive Group
Sector Automotive
Buyer(s) Amphenol
Sellers(s) TJC
Deal Type Add-on Acquisition
Deal Value 450M USD

Target

Casco Automotive Group

Bridgeport, Connecticut, United States
website
Casco Automotive Group, Inc. is a supplier of highly engineered data connectivity, power, charging and sensor products to the worldwide automotive market.

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Buyer(S) 1

Buyer

Amphenol

Wallingford, Connecticut, United States

website


Category Company
Founded 1932
Sector Electronics
Employees91,000
Revenue 12.6B USD (2022)
DESCRIPTION

Amphenol is a producer of electronic and fiber optic connectors, cable and interconnect systems. Amphenol products are engineered and manufactured in the Americas, Europe and Asia and sold by a worldwide sales and marketing organization. The primary end markets for the Company's products are communication systems for the converging technologies of voice, video and data communications, industrial/automotive and military/aerospace applications. Amphenol was incorporated in 1932 and is based in Wallingford, Connecticut.


DEAL STATS #
Overall 15 of 26
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 13 of 22
State (Connecticut) 2 of 2
Country (United States) 10 of 18
Year (2014) 1 of 1
Size (of disclosed) 4 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-31 Tecvox OEM Solutions

Madison, Alabama, United States

Tecvox is a provider in the design, development, and delivery of automotive connectivity systems. Combining years of experience, creativity and rigorous engineering standards, Team Tecvox can take any product from the drawing board to reality in a seamless, professional, and cost-effective manner.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-18 Procom A/S

Frederikssund, Denmark

Procom A/S delivering specially designed antennas, filters and combiners to customers on a global basis.

Buy -

Seller(S) 1

SELLER

TJC

New York, New York, United States

website


Category Private Equity Firm
Founded 1982
PE ASSETS 14.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TJC is a private investment firm that specializes in acquiring North American middle-market businesses operating in basic industries. TJC specifically looks to provide liquidity for shareholders, raise capital for corporate growth and 'create significant equity opportunities for key management'. TJC will consider opportunities valued from $100 million to $2 billion in a wide variety of industries. Sectors of interest include aerospace/defense, automotive, building products, chemicals, consumer products, distribution, energy, financial services, healthcare, industrial products, insurance, metals, packaging, retail, transportation/logistics, and telecom. TJC was formerly known as The Jordan Company. The Firm was formed in 1982 and is based in New York City.


DEAL STATS #
Overall 31 of 57
Sector (Automotive) 2 of 3
Type (Add-on Acquisition) 14 of 21
State (Connecticut) 2 of 2
Country (United States) 30 of 55
Year (2014) 2 of 3
Size (of disclosed) 7 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-01 RFJ Auto

Plano, Texas, United States

RFJ Auto is an automotive dealership platform, provides an impeccable experience by going the extra mile to exceed the expectations of guests, associates, vendors, manufacturing partners, and shareholders. RFJ Auto was founded in 2014 and is based in Plano, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-04 Capstone Logistics

Peachtree Corners, Georgia, United States

Capstone Logistics is a provider of outsourced supply chain solutions at nationwide distribution centers catering to the grocery, foodservice, retail, automotive, and 3PL verticals. Capstone was formed in 2011 and is based in Peachtree Corners, Georgia.

Buy -