Sussex Wire specializes in the design, manufacturing and distribution of specialty metal parts and components using cold-forming technology. Founded in 1973 and led by President and CEO Timothy Kardish, the company serves tight-tolerance applications across medical device, healthcare consumables, aerospace, defense, consumer electronics, semiconductor and hermetic assembly markets. Sussex is a portfolio company of Argosy Private Equity. The company received a $12M investment from NewSpring Capital and intends to use the funds to acquire Maron Corporation. The acquisition targets a precision manufacturer of orthopedic implants and aerospace components and is expected to expand Sussex's operational and manufacturing capabilities. Both Sussex Wire and Marox are described as offering complementary tight-tolerance manufacturing technology and quality systems suited to medical device, healthcare, aerospace and transportation markets.

Total raised

$12M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2017