Acquisition of SOS Manufacturing
Private investment firm Auxo Investment Partners has acquired SOS Manufacturing, a manufacturer of specialized wire harnesses, cable assemblies and complete box builds for customers in the computing, aerospace, agricultural, appliance, automotive, electronics and food processing industries.
The addition of SOS, which expands Auxo's growing wire harness and cable manufacturing platform, follows the acquisitions of Golden State Assembly (GSA), a vertically integrated, complete lifecycle wire/cable assembly and harness manufacturer; and Morgan Royce Industries (MRI) and Tack Electronics — both manufacturers of custom wire harnesses, cable assemblies and box builds. Nick Stoner and Dave Rogers, CEO and sales manager for SOS, respectively, will remain in their current roles.
Headquartered in Roberts, Wisconsin, SOS manufactures specialized wire harnesses, cable assemblies, heavy power cables, cable braiding and custom-designed, complex box builds. With decades of electro-mechanical expertise, the company is able to integrate wire harnesses into subassemblies through panel and box builds.
Growing demand for cable assembly and electronic manufacturing designs is driving industry expansion around the world. Steady growth in the sectors in which SOS operates, including computing and electronics, will enable the company to expand its manufacturing role with existing industry partners.
said Nick Stoner, CEO of SOS.
Throughout the years, SOS has cultivated deep and long-standing relationships with suppliers and end-customers, and as part of Auxo's growing platform, we know we'll be able continue that time-honored tradition,
As we look for ways to build on our dedicated customer base and attract new clients, Auxo's reputation for purposeful expansion and tight collaboration with founder-led businesses make them an ideal partner. We couldn't be happier — especially as the industry continues to see strong growth.
Since its founding in 2001, SOS has experienced consistent revenue growth and facility expansion, driven by strong customer retention, manufacturing capabilities and product quality. The recent push towards domestic re-shoring and supply chain reliability has led to increased reliance on regional manufacturers such as SOS, which enables customers to diversify production sources and ease the effects of supply chain disruptions.
Bringing SOS into the fold further expands one of the foremost wire harness and cable manufacturing platforms in the US while bolstering its diversified range of offerings and national footprint, said Jeff Helminski, co-founder and managing partner of Auxo Investment Partners.
As supply chains face unprecedented disruptions, the company's technology-driven manufacturing capabilities, tailored set of customer solutions and exceptional client service will be instrumental to driving further growth in today's highly fragmented wire harness and cable manufacturing industry.