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Private equity firm High Road Capital Partners has acquired Radix Wire, Euclid, OH, a manufacturer of highly engineered wire and cable solutions. Terms of the transaction were not disclosed.
“Radix is a recognized leader in the niche high-temperature and fire-resistant market, and its deep expertise across multiple engineering disciplines, proprietary material blends, and product innovation and customization capabilities differentiate the company and contribute to strong, long-term customer relationships,” said Ben Schnakenberg, a partner at High Road Capital Partners. “Radix is well positioned for continued growth, and we look forward to supporting the company’s strong management team to execute on those growth strategies.”
Twin Brook Capital Partners provided financing for the transaction.BB&T Capital Markets advised Radix. This is the ninth platform acquisition for High Road Capital Partners Fund II.