Monroe Engineering Holdings has Acquired Atlantic Teleconnect
The Partners of ShoreView are pleased to announce that Monroe Engineering Holdings, LLC (“Monroe”), a ShoreView portfolio company, has acquired Atlantic Teleconnect, Inc. (“ATI”).
ATI is a value-added supplier of custom cable and wire harness solutions, primarily serving original equipment manufacturers in aerospace, defense, and healthcare end markets. ATI’s custom harnesses, flat cables, multi-conductor cables, and fiber optic connectors are assembled at ATI’s headquarters in North Port, Florida. ATI’s products are integrated into military aircraft, medical equipment, and other critical applications. The acquisition of ATI builds upon Monroe’s strong aerospace offering, and adds assembly capabilities.
Based in Rochester Hills, MI, Monroe is a supplier of a broad portfolio of custom and standard hardware and component products for original equipment manufacturers. ShoreView invested in Monroe in November 2017, and the acquisition of ATI is the third add-on completed during ShoreView’s ownership. Each of the three acquisitions have grown the platform’s product offering, expanded Monroe’s geographic presence, and added management depth.
ShoreView assisted Monroe in the acquisition of ATI. To learn more about Monroe, visit its website at www.monroeengineering.com.