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ProClip USA

Based in Madison, Wisconsin, ProClip USA is a value-added distributor of electronic device mounting solutions used in commercial, industrial, and consumer vehicles to safely secure a wide variety of mobile electronic accessories. The Company has established a strong reputation amongst a growing number of Fortune 500 B2B clients where ProClip’s custom vehicle mounts and device-specific holders protect key electronic assets such as scanners, tablets, laptops, and other devices used on trucks, forklifts, and other transit vehicles. Beyond B2B end markets, ProClip also distributes products to the B2C marketplace so consumers can safely secure electronic devices such as mobile phones or laptops within their automobile, truck, SUV, etc.

ProClip’s CEO established the business in 2004 and was introduced to PPC by the Company’s accounting firm. After discussing with PPC the owner’s goals for the business and the desired transaction outcomes, ProClip USA engaged PPC to explore strategic and financial alternatives that would achieve the stated objectives. PPC’s engagement involved confidentially marketing the business to a targeted group of high quality strategic parties and private equity firms that aligned with ProClip’s business strategy and ownership’s goals. Ultimately, a transaction with Chicago-based Prospect Partners allowed ownership to achieve a variety of business and personal objectives. The transaction involving ProClip USA & Prospect Partners closed during October, 2020 and represents another successful Done Deal for PPC in advising Midwest-based privately-held companies.

Read the press release.