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BLOOMFIELD HILLS, Mich.–(BUSINESS WIRE)–O2 Investment Partners (www.o2investment.com) and Flip Electronics, LLC (www.flipelectronics.com) announced today that it successfully recruited Gerry Fay, an electronic component distribution industry expert and current CEO of Protempo Group, to join the Flip board of directors and to assist the Company in achieving its aggressive growth plans.
Gerry is the current CEO of Protempo Group, a full-service provider of global distribution services for consumer electronics manufacturers. Prior to joining Protempo, Gerry was Chief Business Officer of Sanmina, a leading integrated manufacturing solutions provider serving the fast-growing segments of the global Electronics Manufacturing Services (“EMS”) market. Prior to that, Gerry spent 12 years at Avnet in a number of high-level roles, including President of Avnet Global Components Business, Chief Global Logistics and Operations Officer, and SVP
DBusiness Magazine
O2 Investment Partners Invests in Georgia Electronics Supplier
Bloomfield Hills-based O2 Investment Partners has invested in Flip Electronics in Georgia in an effort to support the latter company’s growth. Terms of the investment were not disclosed.
O2 Investment Partners has invested in Flip Electronics in Georgia. // Stock photo
Bloomfield Hills-based O2 Investment Partners has invested in Flip Electronics in Georgia in an effort to support the latter company’s growth. Terms of the investment were not disclosed.
Flip was founded in 2015 and is an authorized specialty distributor of electronic components to customers across the U.S. and internationally. It is a supply chain partner to electronic component manufacturers and end customers across a range of industries, including military, aerospace, telecommunications, health care, and industrial.
Posted on 385
O2 Investment Partners (www.o2investment.com) announced today that it has made a significant investment in Flip Electronics (www.flipelectronics.com), partnering with CEO Jason Murphy and his management team to support the company’s rapid growth. Terms of the investment were not disclosed.
Jason Murphy, CEO of Flip, commented, “We have seen significant growth over the last several years by establishing strategic, authorized relationships with our original component manufacturer partners. Our demand analytics and unique go-to-market model allow us to match customer requirements to end-of-life (“EOL”) and slow-moving inventory, creating more value from parts that typically do not get good market exposure in existing sales channels. Our unique access to 100% factory authorized traceable parts helps our customers avoid counterfeit risk and costly product redesigns. We are thrilled to partner with O2 to
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