TPC Wire & Cable Acquires Cicoil and Pittsburgh Wire

Oct 11 2019

TPC Wire & Cable Corp., Macedonia, Ohio, now a part of Audax Private Equity acquired two companies: Cicoil LLC in Valencia, Calif., and Pittsburgh Wire and Cable Inc. in Pittsburgh, Pa.

Cicoil is a maker of flat cable and flat and round cable assemblies for industries including semiconductor and medical, the release stated. This acquisition expands TPC's market reach and diversifies its product and service offerings. Cicoil has about 90 employees, TPC marketing manager Susan Biskopski said.

Pittsburgh Wire and Cable distributes industrial and commercial wire and cable for industries like video inspection and mining, according to the release. This acquisition helps TPC expand further into new end-user markets.