KPS Capital Partners’ portfolio company, Electrical Components International, will acquire Fargo Assembly Company. Bank of America Merrill Lynch served as lead arranger for financing for the transaction.
Electrical Components International, a KPS Capital Partners portfolio company, acquired Whitepath Fab Tech. Financing for the deal was arranged by BofA Merrill Lynch acting as lead arranger.
Electrical Components International completed a $50 million recapitalization with financing provided by a syndicate of banks and investors with BofA Merrill Lynch acting as lead arranger.
KPS Capital entered into agreements to acquire Electrical Components International and affiliates. Transaction financing will be provided by a bank syndicate, with BofA, GE Capital and Fifth Third acting as lead arrangers.