SOURCE: MC Electronics

December 05, 2013 09:00 ET

Shawn Thompson Appointed CEO of MC Electronics

Leading Assembler of Custom Electronic Cables and Wire Harnesses Announces New CEO, Investments in New Technologies

HOLLISTER, CA--(Marketwired - Dec 5, 2013) - MC Electronics announced today that it has appointed Shawn Thompson to the role of CEO, succeeding original company founder Alan Clark.

Thompson is a seasoned management professional in the electronics and power distribution industries, with a career focus on building and vitalizing growth opportunities for companies.

"It's been an absolute joy to have founded and operated this company over the last thirty years, and I feel that the employees and customers of MC Electronics will be well taken care of by Shawn," said Alan Clark. "He's the ideal candidate to shepherd MC Electronics to the next level."

"MC Electronics is well positioned for continued growth and success," said Shawn Thompson, new CEO. "Under Alan's guidance, MC Electronics has enjoyed steady growth, propelled by amazing employees and solid industry relationships. We're looking forward to the next stage of development for this company. I am excited that the company has recently invested in state-of-the-art overmolding technology to meet evolving customer needs and penetrate new markets. These capabilities will enable MC Electronics to offer custom keyed, low profile, and integrated strain relief connectors, further fueling our ability to be the best in serving our customer base."

In 2012, MC Electronics was one of five companies Nova Capital Management acquired in a single portfolio transaction. "We have seen and will continue to see strong growth in MC Electronics," said Jan Kreminski of Nova Capital Management. "The investment in new overmolding technology will help them better access key customers and meet the demands of a growing and evolving marketplace. We are confident that by having Shawn at the helm, we will see continued success of this great company built by Alan."

About MC Electronics

MC Electronics is a leading contract manufacturer of custom cables, wire harnesses and electro-mechanical assemblies to the medical, factory automation and industrial electronics end market. Founded in 1981 by Alan Clark, it has grown to employ more than 250 people across two plants (Hollister and Juarez, Mexico).

MC Electronics is ISO 9001 (QMS) Certified, ISO 13485 (Medical Devices) Certified, ISO AS9100 (Aerospace) Compliant, and ISO 14001 (Environmental) In Process.

About Nova Capital Management

Established in 2002, and with a 25+ strong team, Nova has acquired or taken over the management of portfolios of companies representing a total transactional value of over $1.7 billion. Nova currently manages investments in 29 businesses, primarily operating in Western Europe and North America, across a broad range of sectors, with offices in London and Chicago.

For additional information on Nova Capital Management please go to www.nova-cap.com

Contact Information