William Blair acted as the lead financial advisor to Trexon, a portfolio company of Audax Private Equity (Audax), in connection with its pending sale to Amphenol Corporation (NYSE: APH) (Amphenol) for approximately $1.0 billion. The transaction signed on August 15, 2025.
About the Companies
Trexon is a U.S. based provider of highly engineered mission-critical interconnect solutions, including spec’d in proprietary cable assemblies, connectors, and other components. Trexon’s products are designed and manufactured for a wide range of high-reliability and ruggedized applications in defense, space, and specialty end-markets.
Founded in 1999, Audax Private Equity is based in Boston, Massachusetts with offices in San Francisco and Hong Kong. With roughly $19 billion of assets under management as of March 2025, Audax has invested in over 175 platforms and more than 1,400 add-on acquisitions since its inception in 1999.
Amphenol Corporation is a global leader in designing and manufacturing electrical and fiber optic connectors, interconnect systems, antennas, sensors, and coaxial and high-speed specialty cable. With facilities in approximately 40 countries around the world, Amphenol has a diversified presence across major high-growth sectors that include automotive, aerospace, defense, industrial, and IT.
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