Electrical Components International, a global leader in electrical distribution systems and control box assemblies, has announced its acquisition of Flex-Tec, a premier supplier of high-quality electrical wire harnesses and cable assemblies. The acquisition, finalized on June 25, 2024, marks a strategic move by ECI to expand its reach into high-growth and high-value market segments, particularly in commercial LED and smart lighting controls.
Flex-Tec, founded in 1985, has built a strong reputation as a trusted partner for leading customers in the commercial LED, smart lighting controls, and industrial technology markets. The company is known for its exceptional service and commitment to continuous improvement. Flex-Tec operates from its Byromville, Georgia location and a state-of-the-art manufacturing facility in Monterrey, Mexico. Following the acquisition, Flex-Tec will continue to be led by its current management team, ensuring stability and continuity for its customers.
Mike Balsei, Chief Executive Officer of ECI, expressed his enthusiasm about the partnership, stating, "We are pleased to partner with Flex-Tec as we continue driving ECI’s expansion into high-growth and high-value market segments. With an experienced team, longstanding customer relationships, and specialized manufacturing expertise, Flex-Tec has established itself as a partner of choice to industry leaders across commercial and smart lighting end markets. We look forward to welcoming the talented Flex-Tec team to ECI and supporting the company’s growth as part of our Industrial Tech platform."
Chuck Fitch, Chief Executive Officer of Flex-Tec, echoed this sentiment, saying, "We are excited to join forces with ECI, building on our proud history of delivering engineering-driven solutions. This is a perfect fit for Flex-Tec as ECI is a like-minded partner that shares our commitment to quality and manufacturing excellence. With the benefit of ECI’s global infrastructure, we will look to expand our offerings, share best practices, and continue to provide best-in-class service levels to our customers."
ECI, a portfolio company of Cerberus Capital Management, is recognized as one of the world’s leading suppliers of electrical distribution systems, control box assemblies, and other critical engineered components for diversified markets. With 25,000 employees and over 40 global manufacturing locations, ECI powers smart, connected, and electrified solutions, enabling the most advanced technologies to solve complex challenges.
The acquisition of Flex-Tec aligns with ECI’s strategy to enhance its capabilities and market presence. Flex-Tec’s expertise in commercial LED and smart lighting controls complements ECI’s existing product portfolio and opens new avenues for growth. The integration of Flex-Tec into ECI’s operations will leverage ECI’s global infrastructure to expand offerings, share best practices, and maintain high service levels.
This acquisition underscores ECI’s commitment to innovation and growth, reinforcing its position as a trusted partner to market leaders. By combining ECI’s robust infrastructure with Flex-Tec’s specialized manufacturing expertise, the partnership is poised to deliver enhanced value to customers and drive future growth in the electrical distribution and smart lighting markets.
