ISC Engineering (“ISC”), a Tide Rock Holdings (“Tide Rock”) company, is pleased to announce that it has acquired PKC, a leading contract manufacturer of cable, harness, and electro-mechanical assemblies. The acquisition marks an exciting new chapter for both companies and their customers. Each company continues to service its customers as before but is now able to offer more advanced, better integrated, and more turnkey solutions, particularly for high performance and harsh environment applications. PKC complements ISC’s expertise in over-molding and interconnect solutions with expertise in manufacturing complex assemblies and enhances ISC’s capabilities in design to production management. The combined company’s production capacity will support existing customers’ significant demand for growth and will enable the launch and scaling of new customer relationships.
The deal represents the successful culmination of a transition plan for Bruce McCleave and Roger Litz, PKC’s former owners. Bruce remains invested in the business and will continue to lend his decades of industry experience to the company as an executive focused on business development and key account management. Roger retired and will continue to lend his advice during the transition period. Ryan Peddycord, CEO of Tide Rock said, “Tide Rock looks forward to working with Bruce and the entire PKC team to build upon the company’s legacy and strong reputation and to achieve the company’s tremendous growth potential. We will support the combined company by investing in new technologies and production capacity to better serve each company’s current and future customers.”
About the deal, Bruce McCleave said, “It has been my honor to build and lead PKC for the last 38 years. I am happy to have found such a strong home for PKC in ISC. I am confident that PKC’s employees, customers, and vendors will be served well under ISC’s ownership and Tide Rock’s guidance.” Steven Willing, ISC’s CEO, said, “I am glad to have worked with Bruce, Roger, the rest of PKC’s management team and Tide Rock over the last 4 months to plan and execute this transition. The team at ISC and I are committed to building upon PKC’s strong reputation and to working with PKC’s team to expand customer relationships solving their product challenges.”
PKC is a valued provider in the manufacture of cable assemblies, wire harnesses, and electro-mechanical assemblies based in Santa Ana, CA. Founded in 1971, PKC has serviced customers worldwide across commercial, military, lifesaving medical devices, weapon systems, inflight entertainment, power systems, and countless commercial, industrial & computer applications. PKC is ISO 9001 certified and ITAR registered.
About ISC Engineering
ISC Engineering provides over-molded solutions and manufacturing for cable assemblies and printed circuit boards based in Chino, CA. Founded in 1999 by industry veterans, it has built its reputation on delivering industry-leading solutions to customers’ product design challenges through engineering and manufacturing excellence. The company’s customers include Fortune 500 enterprises and small and medium-sized businesses that require over-molding in a wide variety of high performance and harsh environment applications. ISC is ISO 9001 certified and ITAR registered.
About Tide Rock Holdings
Tide Rock Holdings is a holding company based in San Diego, CA. Tide Rock is managed by experienced operators and finance professionals with expertise in growing lower-middle market business-to-business companies. Tide Rock invests with a long-term perspective, limited use of debt, and a focus on accelerating growth through investment in people, processes, and resources.