M&A Deal Summary

DCX-CHOL Enterprises Acquires Southern California Braiding

On July 10, 2015, DCX-CHOL Enterprises acquired aerospace company Southern California Braiding from IEC Electronics for 3M USD

Acquisition Highlights
  • This is DCX-CHOL Enterprises’ 1st transaction in the Aerospace sector.
  • This is DCX-CHOL Enterprises’ largest (disclosed) transaction.
  • This is DCX-CHOL Enterprises’ 1st transaction in the United States.
  • This is DCX-CHOL Enterprises’ 1st transaction in California.

M&A Deal Summary

Date 2015-07-10
Target Southern California Braiding
Sector Aerospace
Buyer(s) DCX-CHOL Enterprises
Sellers(s) IEC Electronics
Deal Type Divestiture
Deal Value 3M USD

Target

Southern California Braiding

Bell Gardens, California, United States
Southern California Braiding, Inc. is a manufacturer of custom cables and wire harness assemblies. The company offers molded cable assemblies, space environment harnesses, cable lengths, cable and harness accessories, molding, and clean room and laser marking for aerospace and defence markets.

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Buyer(S) 1

Buyer

DCX-CHOL Enterprises

Los Angeles, California, United States

Category Company
Founded 1997
Sector Electrical Equipment
DESCRIPTION

DCX-CHOL Enterprises is a privately held American owned Small Business. Company are made up of five (5) vertically integrated manufacturing and assembly divisions, each with their own history, specializations and products. DCX-CHOL is unmatched in providing INTERCONNECT SOLUTIONS as a full service designer and manufacturer of military and aerospace cable assemblies, wire harnesses, custom and mil-spec connectors, wired enclosures, test equipment and turn-key assemblies.


DEAL STATS #
Overall 1 of 1
Sector (Aerospace) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

IEC Electronics

Newark, New York, United States

Category Company
Founded 1966
Sector Machinery
Revenue 183M USD (2020)
DESCRIPTION

IEC Electronics is a provider of electronic contract manufacturing services to advanced technology companies in the United States. It specializes in the custom manufacture of complex circuit cards and system-level assemblies; an array of cable and wire harness assemblies; and precision sheet metal components. IEC Electronics was founded in 1966 and is based in Newark, New York.


DEAL STATS #
Overall 2 of 2
Sector (Aerospace) 1 of 1
Type (Divestiture) 2 of 2
State (California) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-01-01 Mexican manufacturing/IEC Electronic

Mexico

Sell -