Rosemont's Wynnchurch Capital buys global company
America II is an electronic component distributor, supplying 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 was founded in 1989 and is headquartered in St. Petersburg, Florida with a global footprint and offices in the UK, Germany, China, Japan, Singapore and Mexico.
"We are excited to partner with a great management team and invest in a global market leader with a differentiated value proposition, diversified customer base and growing end-markets," said Frank Hayes, managing partner at Wynnchurch.
"Our leadership team is very excited about this next step for our business and we are confident that our partnership with Wynnchurch will propel America II's leadership position and enable us to significantly expand our global footprint," said Michael Galinski, CEO and founder of America II.
Wynnchurch Capital, with offices in California and Canada, was founded in 1999, and is a middle-market private equity investment firm.