Promus Equity Partners, in Partnership with Stonebridge Partners, Announces Investment in ADI American Distributors LLC

Chicago, Illinois, April 29, 2016 – Chicago-based Promus Equity Partners LLC, in partnership with Stonebridge Partners, a New York-based private equity firm, is pleased to announce a majority equity investment in ADI American Distributors LLC. Randolph, N.J.-based ADI is a global supply-chain distributor and value-added assembler of electrical components and systems primarily for the global aerospace industry.

ADI’s founder and president, David Beck, will continue to lead the company as it builds on its history of providing unique solutions and exceptional service to its customers.

“ADI has a compelling distribution model, a strong customer-centric culture and many compelling growth opportunities,” Promus Partner Steve Brown said. “We are excited to support the company in its next phase of growth.”

For more information on this acquisition, please contact Steve Brown or Mike Weaver.

Visit the following websites to learn more.