America II Acquires Advanced MP Technology
Rosemont, IL – September 19, 2018 – America II, a portfolio company of Wynnchurch Capital, LLC (“Wynnchurch”), announced the acquisition of Advanced MP Technology, Inc. (“Advanced MP”). Advanced MP is a global distributor of electronic components headquartered in San Clemente, California, with multiple locations throughout North America, Europe, and Asia.
Mike Galinski, Chief Executive Officer of America II, said in a statement, “We are very excited about combining 70+ years of industry knowledge, expertise and resources of two leading global distribution organizations into one powerful platform.”
Jed Pecchioli, Chief Operating Officer of America II, added, “This combination will significantly expand our collective product offerings, services and geographic presence to better serve our customers worldwide and drive continued scale and growth in key markets. We are excited to join forces and leverage both of our capabilities to improve the overall value proposition we offer to our expanded global customer base.”
Homey Shorooghi, Chief Executive Officer of Advanced MP, commented, “We are thrilled to bring our two companies together as one. We both share the same values with a commitment to quality and excellence in customer service across the world.”
About Advanced MP
Founded in 1978 and headquartered in San Clemente, California, Advanced MP, is a full-service global distributor of electronic components & provider of supply chain solutions. The Company specializes in hard-to-find as well as mature & obsolete components, all of which they test and inspect in house. Advanced MP has distribution facilities in the U.S. (California), Hungary, and China along with a sales and sourcing presence across 26 locations in the Americas, Europe, and Asia. For more information, please visit: advancedmp.com.
About America II
Founded in 1989 and headquartered in St. Petersburg, Florida, America II is a global leader in electronic component distribution and supply chain services serving a broad array of products for use in higher value-add applications across diversified end-markets including industrial controls and sensors, medical devices, data networks, internet-connected products and material handling/transportation equipment. The Company has a global footprint and sources and stocks 1 billion+ components with 100,000+ unique SKUs. America II has distribution capabilities and offices in the U.S., UK, Germany, China, Japan, Singapore and Mexico. For more information, please visit: americaii.com.
About Wynnchurch Capital
Wynnchurch Capital, LLC, headquartered in the Chicago suburb of Rosemont, Illinois, with offices in California and Canada, was founded in 1999, and is a leading middle-market private equity investment firm. Wynnchurch’s strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement. Wynnchurch Capital manages a number of private equity funds with $2.2 billion of committed capital under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs and restructurings. For more information, please visit: wynnchurch.com.