November 1, 2019 - We are pleased to announce that SRP Advisors initiated the transaction and acted as financial advisor to Mission Critical Electronics in connection with the acquisition of Purkeys Fleet Electric. Mission Critical Electronics designs, manufactures, and distributes electronic power products that fit a variety of mission critical applications across all non-automotive vehicle types (including RVs, heavy-duty trucks, work trucks, emergency vehicles, and busses), marine, wireless networks, industrial power, mobile communications, and mobile computing. Purkeys is a North American leader in the development, manufacturing, and distribution of electric power solutions to truck fleets, liftgate manufacturers, trailer manufacturers, truck dealers, and truck OEMs. Purkeys’ primary product range includes liftgate charging systems, inverters, harnesses, solar power solutions, and various ancillary products.
This transaction extends the successful track record of SRP Advisors working with leading companies in the specialty vehicle accessories market.
“Purkeys’ portfolio of power products, end markets, and distribution partners are highly complementary to MCE and will bring a nice mix of aftermarket sales to our Vehicle Power business.”
Kevin Moschetti, CEO
Mission Critical Electronics
For more information about this transaction or the merger and acquisition advisory services of SRP Advisors, LLC, please contact Sean Prendergast, Managing Partner at 818-514-8959.
About Mission Critical Electronics
Headquartered in Huntington Beach, CA, MCE provides specialized products for critical systems in a wide variety of applications operating under the leading brands Xantrex, Kussmaul Electronics, Newmar Power, ASEA Power Systems, Power Products, and American Battery Charging. These brands are built on team strength and the ability to connect with customers. MCE takes great pride in translating its customers’ needs into the highest quality products and solutions available in the markets it serves. MCE delivers its products and solutions with an unmatched level of responsiveness. MCE is a portfolio company of Windjammer Capital Investors. For more information on Mission Critical Electronics, please visit www.mission-critical-electronics.com.
About SRP Advisors, LLC
SRP Advisors, LLC provides merger and acquisition advisory services to both buyers and sellers of middle market companies. SRP Advisors provides strategic acquisition advisory services for public, private and private equity sponsored companies looking to grow their business through mergers and acquisitions. SRP Advisors also works with owners of private companies across all industry segments who might be interested in exploring alternatives for their company such as a full or partial sale of the business, an investment in the business from a private equity group, or a transition of ownership to management or the next generation of family. Contact Sean Prendergast, Managing Partner at 818-514-8959.