Campbell Collins acquired by TTI, Inc.
Effective May 29, 2012 - International M&A specialist BCMS Corporate has completed the transatlantic sale of niche power supply product distributor Campbell Collins to TTI, Inc., an indirect, wholly owned subsidiary of Berkshire Hathaway, Inc. (NYSE: BRK.B).
Campbell Collins has been supplying electronic components to the electronics industry for more than 30 years from manufacturers such as Gaia Converter and Ericsson Power Modules, as well as the full line of KEMET companies including BHC, Arcotronics, and Evox Rifa. It has particular expertise in power supplies, capacitors and hi-rel power related semiconductors.
Ian Campbell, founder of Campbell Collins, recently announced his intention to retire from the business and approached BCMS Corporate for help in identifying a strategic buyer with the resources to help drive future growth. Steve Marston, Deal Leader at BCMS Corporate states, “We are extremely pleased to have secured the sale of Campbell Collins, and with it the long term future of the company.” Interest in the company, which employs eight people, was considerable with half a dozen companies expressing serious interest in Campbell Collins.
"I am pleased to be integrating the 30-years of experience and specialty offered by the Campbell Collins team into our European strategy," said Gene Conahan, President TTI, Inc. Europe and Asia. "The collaboration of the TTI and Campbell Collins team of product experts will open new market segments for us and our existing suppliers and help build a sound and successful power solution business in Europe."
Founder and Managing Director of Campbell Collins, Ian Campbell adds, “I am very grateful to the team at BCMS Corporate for the expertise they have shown throughout the whole process. Selling a business is never easy, especially one into which you have invested so much time and energy, which is why I am delighted to have found a partner in TTI who shares our belief in the future direction of Campbell Collins.”
TTI, Inc. is one of the largest authorized distributors of passive, interconnect and electromechanical components in the world. Based in Texas, TTI, Inc., employs 2,800 people across Asia, Europe and North America. Campbell Collins will operate as a wholly-owned subsidiary of TTI. Paul Andrews, TTI founder and Chief Executive Officer, welcomed the new subsidiary, "With this acquisition, TTI Europe and our European customers will be the beneficiaries of talents offered by a great group of technical experts. I am happy to welcome the associates at Campbell Collins to the TTI and Berkshire Hathaway family."
BCMS Corporate is a leading, independent lower-middle market advisor with over 20 years of excellence serving clients worldwide. It is focused exclusively on the middle market, advising clients on sell-side transactions, acquisitions, and private placements of debt and equity. The firm’s unique understanding of private company owners’ objectives and issues facing private companies during the transaction process has enabled BCMS to successfully execute over 400 transactions across a diverse group of sectors. BCMS currently employs over 240 professionals with offices in North America (New York, Dallas / Fort Worth, Los Angeles and Calgary), Africa, Europe and Asia.
About Campbell Collins Ltd.
Campbell Collins Ltd is a franchised distributor of power sources and capacitors for the military, aerospace, medical, transportation, industrial and telecom/datacom marketplaces. In business for over 30 years, the company has built a reputation of a reliable, trustworthy and valuable partner to customers and franchises alike, offering the highest levels of pre- and post-design support services. For more information about Campbell Collins, visit www.camcol.co.uk.
About TTI, Inc.
TTI, Inc., a Berkshire Hathaway company, is a specialty distributor of passive, interconnect, electromechanical and discrete semiconductor components. TTI is the distributor of choice for industrial and consumer electronics manufacturers worldwide. TTI’s extensive product line includes: resistors, capacitors, connectors, potentiometers, trimmers, magnetics, circuit protection, filters, electromechanical and discrete semiconductor devices. TTI is recognized as the industry leader in service and quality and provides a broad array of supply chain services to its customer base. TTI along with its subsidiary Mouser Electronics, employs more than 3,500 with over 100 locations throughout North America, Europe and Asia. TTI’s previous acquisitions include Mouser Electronics, Mateleco, France and Net-Aye, Israel. For more information about TTI, Inc. visit www.ttiinc.com.