Kinderhook Industries (Kinderhook) has acquired Advanced Digital Cable, LLC, (ADC), a wire and cable manufacturer specializing in low-voltage cable that is based in Hayesville, North Carolina, for an undisclosed sum.

A press release said that ADC represents Kinderhook’s eighth wire and cable acquisition to date, “signaling a strategic move to support the company’s growth and innovation.” Kinderhook is a private investment firm with a history of partnering with middle-market companies to accelerate growth.

Founded in 1997 by Steve Payne, ADC began manufacturing coaxial cable during the booming digital cable market. Over nearly three decades, ADC expanded to produce a wide range of wire and cable products. It supplies critical industries such as renewable energy, data centers, manufacturing facilities, power generation, and commercial and residential construction.

ADC Founder Steve Payne said that the deal was an important step forward. “To ensure ADC’s legacy continues and its growth accelerates, investment was needed,” he said. He cited Kinderhook’s legacy “makes them the right partner for our future.”

Of note, Kinderhook recently sold SDI LaFarga COPPERWORKS (SDI LaFarga) to the Rhône Group, a U.S.-based global private equity firm. SDI LaFarga President/CEO Kurt Breischaft, who joined the company in 2015 and led it through a period of major growth, has been named CEO of ADC. See p. 26. The industry veteran and former WAI President (2023) has held a range of positions at Belden, Superior Essex and Cerro Wire.

“We are excited about this new chapter,” Breischaft said. “The reputation ADC has earned over the past 27 years is the cornerstone of our business. With Kinderhook’s backing, we will build on those values to drive innovation, strengthen partnerships, and invest in the future of our people and operations.”

Per ADC’s website, the business has three manufacturing facilities. The original facility, located in Hayesville, North Carolina, has undergone six major expansions and now has over 200,000 sq ft of manufacturing space; the plant in Blairsville, Georgia, which opened in 2011, underwent a major expansion in 2018, and has more than 240,000 sq ft of manufacturing space; and the facility in Hiawassee, Georgia, which opened in 2018, was expanded in 2019 to a total of 60,000 sq ft.