W-Technology Link. Increases its Investment Focus in Electrical Connectivity with a Strategic Add-on Acquisition
Houston, TX November 6, 2017 – W-Technology Link, a portfolio company of Hamilton Robinson Capital Partners, has acquired the assets of NEB Products, LLC. Based in Houston, TX, NEB Products is a designer and manufacturer of molded connectors for the oil & gas, commercial marine, municipalities and other industrial markets.
“I am very excited about NEB Products joining the W-Technology Inc. team. The combination of NEB and W-Technology Inc. represents a major step forward. We look forward to advancing our capabilities to better service our customers’ short term and longer term plans for growth” said Neil Broesche, founder of NEB Products.
Brandon Richter, Managing Director at Hamilton Robinson stated, “NEB Products is a significant strategic move for W-Technology Inc., highlighting Hamilton Robinson’s success in growing niche industrial companies. Electrical connectors are a cornerstone of systems serving critical applications and the acquisition of NEB Products will further position W-Technology Inc. as a major player in oil & gas and other markets.”
“NEB Products has built a great team with exceptional capabilities and possesses a customer centric culture that is consistent with ours. The acquisition strengthens our position in severe service connectors with the addition of injection molded technology and provides for a market position in other industrial markets, all key growth areas for W-Technology Inc.. The NEB brand has an excellent reputation in our markets and will continue; also all NEB Products employees will be joining the company.” said Bob Funk, CEO, W-Technology Inc..
About W-Technology Inc.
W-Technology Link is a leading designer and manufacturer of rotatable electrical connectors and precision machined components for the downhole oil & gas sector. Founded in 1992, the company is headquartered in Houston, Texas. NEB Products is a designer and manufacturer of injection molded electrical products serving the oil & gas, commercial marine, municipal and other industrial markets.
About Hamilton Robinson
Hamilton Robinson Capital Partners was founded in 1984 to invest directly in small, privately held manufacturing, distribution and service businesses. The firm has maintained its singular focus on this dynamic market to become a valued resource for equity capital and growth strategies for small businesses. Based in Stamford, CT, the firm has completed over $1.3 billion in transactions supporting 54 companies. Investors include leading financial institutions, funds, family offices, and individuals in the United States and Europe. For more information visit www.hrco.com.