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08-Sep-2021

Pritzker Private Capital Announces Growth Investment in NAI Group

Partnership Will Support NAI’s Long-Term Growth and Expansion in Growing Global Interconnect Solutions Market

CHICAGO--(BUSINESS WIRE)--Pritzker Private Capital (“PPC”), a leader in family direct investing, announced today that it has invested in NAI Group (“NAI”), a privately held manufacturer of connectivity solutions that power critical telecommunications, industrial and medical applications. PPC and co-investors are investing alongside members of the NAI management team and current family investors. Jon Jensen, NAI President and CEO, and NAI’s existing management will continue to lead the business post-transaction.

Troy, Mich.-headquartered NAI Group engineers and manufactures high-performance connectivity solutions that are essential in the global supply chains for key market drivers such as 5G build-out, Internet of Things solutions and the continued evolution of medical devices and telehealth. NAI’s custom interconnect solutions enable power and signal transmission for cell towers, semiconductor and industrial capital and automation equipment, and hospital technology equipment, among other critical applications. The company’s growing business platform employs more than 3,200 people across seven facilities worldwide, with nearly 600,000 square feet of production capacity.

“NAI’s solutions are essential for global telecommunications, industrial manufacturing and medical technology services,” said Chris Trick, Investment Partner at Pritzker Private Capital. “With strong positions in the emerging marketplace for 5G solutions, Internet of Things connectivity and telehealth capabilities, NAI has compelling opportunities for market expansion and growth through strategic acquisitions. We are pleased to partner with Jon and NAI’s world-class team to support the impressive legacy of growth, safety and innovation of this leading business.”

“NAI is proud to provide essential, custom connectivity solutions to a growing global base of blue-chip customers,” said Mr. Jensen. “Our partnership with Pritzker Private Capital will help us expand into new markets and we are eager to bring our industry-leading focus on quality, reliability and service to even more customers around the world. The PPC team shares our commitment to innovation and customer satisfaction, and is the ideal partner for our next phase of growth.”

Thomas Chadwick, Principal at Pritzker Private Capital added, “NAI and Pritzker Private Capital share similar values and are guided by a commitment to serve our customers, team members and communities. We are thrilled to partner with Jon and the NAI team to continue innovating the connectivity solutions that are so important to the global economy.”

About NAI Group

NAI Group is a global leader in the engineering and manufacturing of advanced high-performance connectivity solutions for mission critical applications across the telecommunications, industrial technology and medical industries. NAI’s custom interconnect solutions are highly scalable and agile, built with complex technology and powered by sophisticated engineering and design capabilities. NAI produces fiberoptic, copper and hybrid connectivity solutions that are essential in the emerging global markets for 5G, Internet of Things solutions and the evolution of medical devices and telehealth capabilities, among others. Founded in 1993, NAI is headquartered in Troy, Mich., with more than 3,000 employees across seven facilities worldwide. For more information, visit www.nai-group.com.

About Pritzker Private Capital

Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products, services and healthcare sectors. The firm’s differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur- and family-owned companies. Pritzker Private Capital is a signatory to the United Nations Principles for Responsible Investment (PRI). For more information, visit www.ppcpartners.com.


Contacts

Abernathy MacGregor
Dan Scorpio / Kyla MacLennan
(646) 899-8118 / (646) 939-3062
dps@abmac.com / kam@abmac.com

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Last Updated: 08-Sep-2021