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PCE Advises Hisco, Inc. on the Acquisition of the Sales and Distribution Division of STI Electronics, Inc.
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"post_summary": "<br> \n<address>Hisco Inc., North America’s Premier Distributor of Mission-Critical Materials, expands its U.S. distribution footprint with the acquisition of the Sales and Distribution Division of STI Electronics, Inc. (STI), which provides assembly products and soldering supplies to the electronics manufacturing industry. PCE Investment Bankers (PCE) sourced and served as financial advisor to Hisco.</address> \n<address>STI is a full-service, total solutions partner that provides advanced engineering and analytical lab support, training materials and services, and distribution solutions for the electronics industry. Their other services, including training services, failure analysis, prototyping, and small- to medium-volume PCB assembly, will remain with STI. The STI distribution facility in Madison, AL will operate as a Hisco location to service local customers.</address> \n<address>Bob Dill, President of Hisco Inc., says: “We are excited to acquire the STI Sales and Distribution division. Their proven track record of customer service and quality products fits perfectly with the Hisco value proposition. This acquisition enables us to further expand our signature fast, friendly service to customers in the Southeast.”</address> \n<address>“We are very pleased for both parties. The business model Hisco has created makes them a preferred acquisition partner. The acquisition of STI’s Sales and Distribution Division will further enhance Hisco’s position in the distribution market and allow STI to focus on its core business” stated PCE’s Michael Rosendahl.</address> \n<address>This is PCE’s third transaction serving as financial advisor to Hisco. PCE advised Hisco on its acquisition of TC Services in 2012 and All-Spec Industries in 2014.</address> \n<p><em><strong>About Hisco</strong></em></p> \n",
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