Chartwell is pleased to announce that IEWC Holdings Corp., a leading distributor of wire, cable, and wire management products, has acquired Bevco Engineering Company, Inc., a designer and manufacturer of custom electrical control systems. The acquisition marks a pivotal step forward in IEWC’s strategic growth plan, including enhanced value-add capabilities, new product offerings, and expanded end market reach in high-growth sectors.
Chartwell was engaged to provide financial advisory services to IEWC, its management team, and board of directors for the acquisition. Chartwell delivered diligence, valuation, and transaction structure insights, as well as strategic guidance, as IEWC evaluated multiple facets of the opportunity.
About IEWC
IEWC is a global distributor of wire and cable products, manufacturer of custom fiber assemblies, and provider of value-add solutions that advance a connected world. As an entrusted partner to thousands of companies in various manufacturing and infrastructure industries, IEWC has supported customer supply chain, logistics, and product quality initiatives for over 60 years. IEWC is an employee-owned company with 22 locations in 11 countries across North America, Asia, and Europe.
About Bevco
Bevco is a Wisconsin-based electrical control systems designer and manufacturer, equipped with capabilities to design, engineer, configure, and manufacture high-quality control panels for customers across a diverse range of end markets.
Chartwell Contact
For additional information on this transaction, please contact Dan Kaczmarek. To learn more about Chartwell’s corporate finance capabilities, please contact Greg Fresh.