Bain Capital to sell electronic connectors maker FCI Asia

Sep 23, 2023

Private equity firm Bain Capital plans to sell Singapore-based electronic connectors maker FCI Asia Pte Ltd to US-headquartered industry peer Amphenol for $1.28 billion.

FCI is a leading designer, manufacturer and supplier of electrical and electronic interconnect systems for a wide range of consumer and industrial applications including automotive, transportation systems, electric power distribution, telecommunications, personal computers, mobile phones, micro connections and RFID antennas. The Singapore headquartered company, that employs about 7,400 people worldwide, is expected to have 2015 sales and an adjusted EBITDA margin of approximately $600 million and 20%, respectively.