PEI-Genesis

Private | Buy-Side | Testco

Leading global provider of custom engineered connector and cable solutions.

Case

Delancey Street Partners is pleased to announce that we served as exclusive financial advisor to PEI-Genesis, Inc. (“PEI-Genesis” or the “Company”) in the acquisition of Testco, Inc. (“Testco”). Delancey Street conducted a targeted search and qualification process based on Company strategic priorities, sourced Testco as an acquisition opportunity, provided buy-side M&A advisory services to PEI-Genesis, negotiated the terms and assisted with the closing of the transaction.

November 2022
PEI-Genesis, Inc.
Acquisition of Testco, Inc.
Sector: Industrial & Industrial Technology
Delancey Street Partners served as the exclusive financial advisor to PEI-Genesis, Inc.

Delancey Street Partners is pleased to announce that we served as exclusive financial advisor to PEI-Genesis, Inc. (“PEI-Genesis” or the “Company”) in the acquisition of Testco, Inc. (“Testco”). Delancey Street conducted a targeted search and qualification process based on Company strategic priorities, sourced Testco as an acquisition opportunity, provided buy-side M&A advisory services to PEI-Genesis, negotiated the terms and assisted with the closing of the transaction.

About

November 2022
PEI-Genesis, Inc.
Acquisition of Testco, Inc.
Sector: Industrial & Industrial Technology
Delancey Street Partners served as the exclusive financial advisor to PEI-Genesis, Inc.

Situation

PEI-Genesis is one of the world’s fastest assemblers of interconnect solutions. From the largest connector component inventory in the world, the Company develops engineered solutions that support the military, industrial, medical, aerospace, transportation, and energy sectors worldwide. Headquartered in Philadelphia, PA, PEI-Genesis has production facilities in South Bend, IN; Southampton, UK; and Zhuhai, China as well as sales offices throughout the Americas, Europe, and Asia.

PEI-Genesis will operate Testco as a separate company, continuing to work with Testco as an authorized supplier partner. Testco’s President and management team will remain in place to help grow and integrate its operations into PEI-Genesis. The Company will continue to support the existing Testco distributors and rep network.

Headquartered in Silicon Valley, Testco supplies passive, electromechanical, and interconnect components with superior technical expertise and broad product knowledge. Serving technology companies worldwide for over 40 years, Testco offers creative supply chain solutions to meet customer requirements. With flexible blanket orders, bonded inventory, consolidated shipments, and annual pricing programs, Testco can solve the most difficult supply challenges.

Delancey Street Partners is an independent, industry-focused investment bank. We serve CEOs, Entrepreneurs, Shareholders, and Boards of Directors of high growth and middle market private and public companies. Our services include strategic advisory, capital raising, and independent board advice. We advise on sell-side and buy-side M&A, growth capital financings, and recapitalizations. Our focus sectors include Business Services & Technology, Healthcare, Industrial & Industrial Technology, and Infrastructure. We form long-term partnerships with our clients and commit to managing each engagement with senior professionals who bring years of experience and insight.

For additional information about this transaction, please contact:

Patrick E. Dolan

Managing Director Phone: (484) 533 – 6311

Patrick E. Dolan

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