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HCI Equity Partners (HCI), a middle market private equity firm based in Washington DC, announced today that it has acquired both KCA Electronics in Anaheim, CA and Marcel Electronics International (MEI) located in Orange, CA in separate stock transactions. HCI has appointed Shane Whiteside President & CEO of the combined entity. HCI and Mr. Whiteside previously worked together during the formation of TTM Technologies, a leading global manufacturer of printed circuit boards.
The combined companies will provide a wide range of highly complex printed circuit board products including advanced technology rigid, rigid-flex, and RF/Microwave circuits to companies in the Aerospace & Defense and Commercial market sectors. “The combination of KCA and MEI creates a solid platform with outstanding capabilities across a broad range of products, and through further capital investment and the capture of market synergies, the combined company is well positioned for growth” said Mr. Whiteside.
The combined company will have 320 employees and will continue operations in Anaheim and Orange, CA with a focus on growth at each location.