Camp Lake Capital Completes Transaction with Electrical Cable Specialists

Camp Lake Capital
CHICAGO - Marylandian -- Camp Lake Capital (CLC) is excited to announce that it has completed the acquisition of Electrical Cable Specialists (ECS). Headquartered outside of Atlanta, GA, ECS is a leading distributor of specialty wire and cable used primarily in the transit, power generation & transmission, and industrial markets with a 40-year track record of serving customers. The transaction closed on December 29, 2023.

Joe Reidel, the CEO of ECS, said, "Over the last twenty years, we've built a business focused on serving customers. CLC has been a pleasure to work with and I am confident they will continue this focus, while providing the support to grow ECS to an even more prominent position in the industry."

Matt Parsons, the Managing Partner of CLC, commented, "Camp Lake Capital is incredibly excited to partner with Joe Riedel and the ECS team. We believe we can add a significant amount of value to what is already a best-in-class company and team, and with the right investments, significantly accelerate growth."

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First American Bank provided financing in support of the transaction. Winthrop & Weinstine provided legal advice to the buyers, while Judy Tabb Law provided legal advice and VRA Partners provided financial advice to the sellers.

About Camp Lake Capital
Camp Lake Capital is a Chicago-based private investment firm focused on acquiring and growing lower-middle-market businesses for the long term. CLC seeks to partner with leading consumer and industrial companies led by best-in-class management teams who desire to grow with and participate in the ownership of the business. In addition to providing capital, CLC also offers a network of operating resources who can assist with growth and operational improvement in a variety of ways, from new customer relationships and strengthening market share to increasing operating margins and sourcing and closing add-on acquisitions.

Media Contact
Matthew Parsons

Source: Camp Lake Capital
Filed Under: Business

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