M&A Deal Summary

Fimo Group Acquires WANHO

On November 13, 2023, Fimo Group acquired technology hardware company WANHO from J.H. Whitney Capital Partners

Acquisition Highlights
  • This is Fimo Group’s 1st transaction in the Technology Hardware sector.
  • This is Fimo Group’s 1st transaction in the United States.
  • This is Fimo Group’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2023-11-13
Target WANHO
Sector Technology Hardware
Buyer(s) Fimo Group
Sellers(s) J.H. Whitney Capital Partners
Deal Type Add-on Acquisition
Advisor(s) Lincoln International (Financial)
Gibson, Dunn & Crutcher (Legal)

Target

WANHO

Cheshire, Connecticut, United States
WANHO is a global manufacturer, sourcing and logistics fulfillment solution provider of telecom infrastructure components for wireless applications. WANHO was founded in 2004 and is based in Cheshire, Connecticut.

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Buyer(S) 1

Buyer

Fimo Group

Cologno Monzese, Italy
Category Company
Founded 1933
Sector Electrical Equipment
DESCRIPTION

Fimo Group is a manufacturer of cables and components for use in the broadcasting and telecommunications industries. Fimo Group was formed in 1933 and is based in Cologno Monzese, Italy.

DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1

Seller(S) 1

SELLER

J.H. Whitney Capital Partners

New Canaan, Connecticut, United States
Category Private Equity Firm
Founded 1946
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

J.H. Whitney & Co. is a private equity firm focused on small and middle-market buyouts and recapitalizations of US-based, growth-oriented companies. The Firm targets companies with $50 to $500 million in revenue and looks to invest $20 to $125 million per transaction. Industries of interest include consumer, healthcare, specialty manufacturing, and business services. J.H. Whitney & Co. was formed in 1946 and is based in New Canaan, Connecticut.

DEAL STATS #
Overall 27 of 27
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 8 of 8
State (Connecticut) 4 of 4
Country (United States) 26 of 26
Year (2023) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-24 Alphia

Denver, Colorado, United States

Alphia manufactures natural, functional, and organic foods and treats for dogs, cats, fish, and reptiles. With multiple, state-of-the-art manufacturing facilities centrally located in the heart of America’s breadbasket, it serves domestic and international markets with products of the quality standards available. Alphia was founded in 1985 and is based in Denver, Colorado.

Sell -
Mergr

Product

Company

Legal