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P&M Corporate Finance, LLC (“PMCF”) is pleased to announce that it served as the exclusive financial advisor to Triton Manufacturing Company, Inc. (“Triton” or the “Company”) in its sale to Molex, LLC (“Molex”), a global leader in delivering complex electronics solutions to customers in over 40 countries.
Headquartered in Monee, Illinois and founded in 1967 by Michael Edwards, Sr., Triton is a leading manufacturer of custom bus bars used in a wide range of current and heat transfer applications in the aerospace, military, industrial electrical power distribution, transportation and telecommunications industries. Triton’s custom copper and aluminum bus bars provide thermal management and power distribution to control panels, switchgears, inverters, battery systems and other electronics.
Kyle Edwards, President of Triton, noted, “The Triton team is excited about the new opportunities this transaction brings. Combining our proven bus bars and Molex high power connectors and harnesses will give the combined team the capability to design and manufacture a robust and fully-integrated high-power solution for valued customers.”
PMCF was hired to serve as Triton’s investment banker and led the sale process. Triton CEO Michael Edwards, Sr. remarked, “PMCF was instrumental in leading us through the transaction — they listened to what was important to our family and worked to make sure our objectives were achieved. Navigating the complexities of a transaction was new for us, and PMCF’s technical expertise, industry knowledge and practical guidance served us well. We are incredibly pleased with the final outcome.”
The transaction closed on December 19, 2017.
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