M&A Deal Summary

Teleflex Acquires IWG High Performance Conductors

On February 20, 2020, Teleflex acquired electrical equipment company IWG High Performance Conductors from International Wire Group

Acquisition Highlights
  • This is Teleflex’s 1st transaction in the Electrical Equipment sector.
  • This is Teleflex’s 17th transaction in the United States.
  • This is Teleflex’s 1st transaction in South Carolina.

M&A Deal Summary

Date 2020-02-20
Target IWG High Performance Conductors
Sector Electrical Equipment
Buyer(s) Teleflex
Sellers(s) International Wire Group
Deal Type Divestiture

Target

IWG High Performance Conductors

Inman, South Carolina, United States
IWG High Performance Conductors, Inc. (dba as HPC) is a manufacturer of specialty high-performance conductors for aerospace, medical, automotive, computer, telecommunications, mass transportation, geophysical and electronics markets. HPC has manufacturing operations in Inman, South Carolina and Trenton, Georgia.

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Buyer(S) 1

Buyer

Teleflex

Wayne, Pennsylvania, United States

Category Company
Founded 1943
Sector Medical Products
Employees14,100
Revenue 3.0B USD (2024)
DESCRIPTION

Teleflex is a provider of medical technology products that enhance clinical benefits, improve patient and provider safety and reduce total procedural costs. The Company primarily designs, develops, manufactures and supplies single-use medical devices used by hospitals and healthcare providers for common diagnostic and therapeutic procedures in critical care and surgical applications. Teleflex markets and sells its products to hospitals and healthcare providers worldwide through a combination of our direct sales force and distributors. Teleflex was founded in 1943 and is based in Wayne, Pennsylvania.


DEAL STATS #
Overall 25 of 29
Sector: Electrical Equipment M&A 1 of 1
Type: Divestiture M&A Deals 3 of 4
State: South Carolina M&A 1 of 1
Country: United States M&A 17 of 19
Year: 2020 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-04 Essential Medical

Exton, Pennsylvania, United States

Essential Medical is a medical device company aiming to develop and commercialize new vascular closure devices for femoral punctures following diagnostic and interventional cardiac catheterization procedures. The company was founded in 2010 by Greg Walters, a senior product development executive with 23 years of experience creating innovative cardiovascular products, and Dr. Gary Roubin, MD, PhD, a coronary and carotid stenting pioneer.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-28 Z-Medica

Wallingford, Connecticut, United States

Z-Medica LLC is a medical device company that develops, manufactures, and markets innovative hemostatic agents including the QuikClot family of products that rapidly enhance the body's natural coagulation process. Z-Medica LLC was founded in 2002 and is based in Wallingford, Connecticut.

Buy -

Seller(S) 1

SELLER

International Wire Group

Camden, New York, United States

Category Company
Founded 1995
Sector Manufacturing
Revenue 639M USD (2015)
DESCRIPTION

International Wire Group is a designer and manufacturer of highly-engineered copper-based wire products. IWG’s products are utilized in end markets such as industrial and energy, electronics and data communications, automotive and specialty vehicles, aerospace and defense, medical products and consumer and appliance industries. International Wire Group was formed in 1995 and is based in Camden, New York.


DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: South Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-06 Owl Wire and Cable

Canastota, New York, United States

Owl Wire and Cable LLC is a manufacturer of bare and plated copper wire for a wide range of industries throughout the world. Owl Wire and Cable was formed in 1954 and is based in Canastota, Rome and Boonville, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-06-10 Hussey Copper

Leetsdale, Pennsylvania, United States

Hussey Copper is a manufacturer of copper bus bars and other copper products in the United States. With a fully integrated mill, the company provides a wide range of flat-rolled copper products for the electrical distribution, industrial and residential construction markets. As a fully integrated producer, Hussey manufactures its products by melting and casting its copper to provide the finished product or component part. Hussey produces a wide range of copper and, to a lesser extent, copper-nickel products. Hussey Copper was founded in 1848 and is based in Leetsdale, Pennsylvania.

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