On May 1, 2017, Stonebridge Partners completed the acquisition of Gemini Electric Components through ADI American Distributors (“ADI”), a portfolio company since April 2016. The acquisition of Gemini fits well with Stonebridge’s growth strategy for ADI, adding complimentary product lines and opening access to key suppliers in the Aerospace and Defense Industry (AD&D).
Gemini is a longstanding value-added supply-chain partner and distributor of mil-spec connectors and other electronic components mainly servicing the Military OEM market. The Company is ISO 9001:2015 | AS9120B:2002 certified and adds substantial value through guarantees of authenticity and performance of their products.
Based in Randolph, NJ, ADI (www.americandistr.com) is a leading, global provider of high-performance electronic components, manufacturing services, and supply chain solutions sold primarily to Tier One system integrators in the commercial and military aerospace industries. With six facilities in the US, the UK, and India, the Company is well positioned to serve the increasingly global growth of the aerospace market. ADI differentiates itself by having successfully developed an exceptional business model that effectively integrates design, production assembly, and delivery of electronic components on a just-in-time basis to the exact location of use for its customers. ADI plans to consolidate the businesses into its Randolph facility and expand Gemini’s capacity to further diversify ADI’s customers, markets, and products.
For further information, please contact Michael S. Bruno, Jr, Managing Partner, at (914) 682-2700 x13 or email@example.com.