Electrical Components International (ECI, a portfolio company of KPS Capital Partners, has entered into a definitive agreement to acquire Whitepath Fab Tech. Financial terms of the transaction were not disclosed. Completion of the transaction is expected in May 2016.

Financing for the transaction will be provided by a syndicate of banks and institutional investors with BofA Merrill Lynch acting as lead arranger. Paul, Weiss, Rifkind, Wharton and Garrison is serving as legal counsel to KPS and ECI and its affiliates.

ECI is a manufacturer of wire harnesses and value-added assembly services for consumer appliance and specialty-industrial applications. ECI has over 850 customers globally and its products can be found in a wide variety of electronic and electro-mechanical applications, including home appliances, agriculture and construction, heating, ventilation and air conditioning (HVAC), specialty transportation, automotive, commercial appliance and commercial electronics. ECI has 13 manufacturing facilities in seven countries with approximately 15,000 associates worldwide. KPS acquired ECI in May 2014.

Whitepath is a North American supplier of control boxes, wire harnesses and value-added assembly services to the HVAC industry.

St. Louis-based ECI has 13 manufacturing facilities, 19 distribution centers and sales and engineering offices located in North America, South America, Asia, Europe and Africa. ECI is a global manufacturer and marketer of wire harnesses and provider of value-added assembly services for the home appliance industry and is a leading provider of wire harnesses to a diverse range of end markets.