Behrman Capital, a private equity investment firm based in New York, has closed Behrman Capital Micross CF LP, a new single asset continuation fund of approximately USD500 million in connection with the sale of its portfolio company Micross Components (Micross or the Company), by Behrman Capital VI LP (Fund VI) and other investors.
Micross has grown revenue organically and through M&A by more than tenfold since being acquired by Fund VI in 2018. Behrman first acquired the Company as Corfin Industries before merging it with Micross in 2020 to form a differentiated service provider in the high-reliability electronics market with industry-leading service and product capabilities.
The continuation fund transaction will provide incremental capital to drive organic growth initiatives, support the continued execution of the Company’s M&A pipeline and enables Micross to fully capitalize on the strategic initiatives undertaken over the past four years.
Read more: Private Equity Wire
