Molex LLC
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Molex LLC is a technology company founded in 1938 by Frederick Krehbiel, with its headquarters located in Lisle, Illinois. The company began as a manufacturer of plastic products made from a coal-based material known as Molex, before expanding into electrical and electronics products. In 2013, the company was acquired by Koch Industries and currently operates as an indirect wholly-owned subsidiary. Throughout its history, the company has grown through numerous strategic acquisitions, including Phillips-Medisize in 2016 to expand its medical technology presence and AirBorn in 2024 to strengthen its aerospace and defense capabilities. Business/Product Breakdown Molex LLC is a provider of electronic, electrical, and fiber optic connectivity systems, serving various global markets including transportation, data communications, industrial, and medical. The company's portfolio includes high-speed connectors, electrical switches, sensors, cable assemblies, and antennas. For the automotive and transportation sectors, it offers solutions for vehicle electrification, autonomous driving systems, and connected mobility. Its data communications division provides high-performance interconnects for data centers and telecommunications infrastructure, while its industrial division manufactures ruggedized connectors and automation solutions designed for harsh environments. Additionally, through its Phillips-Medisize business, the company provides contract design, development, and manufacturing services for medical devices such as drug delivery systems and diagnostic products.
Keywords
Keywords
Classified
Private