#United States #Dunes Point Capital #Eleconnex #Simply45 #Rye

Dunes Point Capital, LP Expands Its Reach

In a bold strategic move, Dunes Point Capital, LP (DPC), a private investment firm based in Rye, New York, has announced the acquisition of Structured Cable Products, Inc. and SIMPLY45, LLC, collectively referred to as SCP/Simply45. Both companies specialize in low voltage cable and related accessories, catering to markets that include electrical, A/V, and specialty distribution sectors.

Overview of the Acquisitions

Founded in Fort Lauderdale, FL, SCP/Simply45 operates multiple facilities across Florida, Texas, and the Netherlands and employs a dedicated team of around 30 professionals. These companies have long been recognized for their commitment to quality and innovation within their field, positioning them as valuable assets to Eleconnex.

This acquisition aligns with DPC’s goal of enhancing its portfolio by integrating firms with robust operational frameworks and market opportunities. Eleconnex, which is headquartered in New York City, has been thriving as a supplier of electrical infrastructure products focused on commercial and multi-family markets. With a workforce of approximately 110 employees across four locations, Eleconnex is poised for expanded capabilities and market reach through this acquisition.

Strategic Significance of the Acquisition

The integration of SCP/Simply45 into Eleconnex represents a significant growth opportunity for the company's existing product lines and service offerings. It provides immediate access to new customer segments and enhances their supply capabilities for low voltage solutions.

The strategic acquisition reflects DPC's focused approach to investing in the general industrial and business services sectors, targeting companies that demonstrate potential for strong and sustainable growth. With enterprise values of up to $1 billion, DPC aims at fostering controlled investments that yield high returns and elevate market positions.

DPC's existing portfolio showcases its commitment to nurturing companies to achieve their maximum potential. By acquiring SCP/Simply45, Eleconnex not only underpins its existing operations but also amplifies its competitive advantage in the evolving electrical infrastructure landscape.

Future Outlook

As Eleconnex prepares to implement its integration strategy, the emphasis will be on harmonizing operations across the newly acquired companies while ensuring that their core values of quality and customer satisfaction remain intact. With new resources and expertise from SCP/Simply45, Eleconnex expects to enhance client services and product offerings, ultimately fueling growth.

Moreover, the move is likely to benefit existing stakeholders of both companies, driving long-term success. With DPC's management expertise and strategic vision, Eleconnex is well positioned to capitalize on trends in the electrical and A/V sectors, paving the way for future innovations and market expansion.

In conclusion, the recent acquisition of Structured Cable Products, Inc. and SIMPLY45, LLC by Eleconnex represents a significant step in Dunes Point Capital, LP's ongoing strategy to enhance its portfolio in the industrial landscape. This acquisition is not only expected to generate synergies between the two companies but also extend Eleconnex's market footprint in the electrical infrastructure domain.

For further information on SCP/Simply45, interested parties can visit their websites: SCP and Simply45. To learn more about Dunes Point Capital, LP, visit DPC.