Behrman Capital portfolio co appoints CEO
Behrman Capital, a private equity investment firm based in New York and San Francisco, has appointed Vincent M Buffa as Chief Executive Officer of its portfolio company Micross Components (Micross), a global supplier of high-reliability microelectronic services and products for the defence, space, commercial aerospace, medical and severe-duty industrial applications.
Buffa currently serves as Chairman of Micross and is a Behrman Capital Operating Partner.
Behrman andcBuffa have a successful history of collaboration in the defense and aerospace industry and, in particular, the high-reliability electronic components sector. Buffa served for seven years as the CEO and President of Data Device Corporation (DDC), which Behrman sold to Transdigm, Inc in 2016 for USD1 billion.
Grant G Behrman, Managing Partner of Behrman Capital, says: “Vince has been a terrific partner to Behrman Capital, and we have benefitted greatly from our collaboration at DDC, and more recently at Micross. Vince’s proven track record in the high-reliability electronics market and his experience with the complex requirements of Micross’ customers ideally position him to lead the Company to the next level. We look forward to Vince bringing his focus on business strategy and operational excellence to all aspects of the Company for further value creation.”
“I am very excited to join Micross as the CEO and to work closely with the Behrman Capital team again given our past successful collaborations,” says Buffa. “Through Micross’ recent strategic combination with Corfin Industries, we have combined two industry-leading market players in the high-reliability microelectronics business segment. Micross is uniquely positioned to provide the ‘one source, one solution’ service to the aerospace, defence and space market primes and system providers, in addition customers in other high-reliability end markets such as industrial and medical, among others. I am fully committed to providing our customers with a value proposition that meets and exceeds their requirements for high-reliability microelectronics applications. We are focused on providing our customers with best-in-class lead-times, on-time delivery and providing high-quality products and services.”