2Connect B.V.

2Connect B. V. is a Dutch company that specializes in custom cable and connector solutions, addressing the needs of industries such as semiconductor, medical devices, and defense. Founded in 2000 in the Netherlands, 2Connect B.

V. focuses on engineered interconnection solutions for various sectors. The company was acquired by Rivean Capital in May 2022, along with its management, from IK Partners, marking a strategic shift in ownership to enhance its growth trajectory. 2Connect specializes in providing custom cable and connector solutions designed to meet the diverse needs of various industries, including semiconductor, medical devices, defense, and heavy-duty vehicles.

Their core offerings encompass a comprehensive range of bespoke cables and connectors, which are engineered to ensure optimal performance in challenging environments. These products are crafted to facilitate high-speed data transfers, power-intensive applications, and real-time IoT connectivity, among other use cases. The company serves a global client base, operating in over 40 countries since its inception in the year 2000. Their solutions are particularly advantageous for OEMs and ODMs, who benefit from 2Connect's design-led approach, integrating customer specifications into the development process and ensuring compliance with local regulatory and performance standards across markets.

2Connect operates on a B2B transactional model, primarily engaging with original equipment manufacturers (OEMs) and original design manufacturers (ODMs) to supply custom interconnection systems and components. The company reported an EBITDA of USD 4. 35 mn for the most recent year. Revenue generation stems from direct sales agreements where clients specify their functional requirements, allowing for tailored solutions.

This service-oriented approach offers flexibility in pricing based on order complexity and volume, including upfront design and prototyping fees for complex projects, followed by incremental production costs. Following its acquisition in May 2022, 2Connect B. V. plans to leverage its new ownership to expand its international footprint.

The recent financial backing will support the development of new products tailored to emerging market demands and enhance their presence in North America and Asia by 2025. The acquisition aims to facilitate further growth, allowing the company to explore new geographic regions and innovate within its product lines, positioning it for ongoing success.