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TTI Completes the Acquisition of CAPSCO Materials Management

June 30, 2003 Fort Worth, Texas - TTI Inc., a privately held specialty distributor of passive, interconnect, and electromechanical components, headquartered in Fort Worth, TX, announced today that it has completed its acquisition of Capsco Materials Management.

Capsco has traditionally served the West Coast along with Mexico from its Northern California based headquarters. Capsco is an authorized distributor primarily serving the passive component market.

Many of Capsco’s key employees have been merged into TTI’s North America operation. Kathy Ericksen, formerly Capsco’s CEO, will now serve as General Manager of TTI’s Northern California operation. Kathy and her team report to Tony Miller, TTI’s Northwest Region Vice President.

Paul Andrews, TTI’s Chairman and CEO commented, “Over the years we have gained a healthy respect for what Capsco has been able to achieve in the Northwest Region. They established themselves as one of the leading passive distributors in their marketplace.”

Capsco Materials Management has been in business for over 41 years and serves the market from three locations in the Northwest United States and Mexico. Capsco’s primary customer base includes start-ups, contract manufacturers, and small to medium sized OEMs. “This is a very positive opportunity,” said Kathy Ericksen. “TTI has made it clear they share the same values that have made the Capsco team so successful.  The combination of Capsco and TTI in San Jose is formidable.”

“Kathy Ericksen and her team have a reputation based on product knowledge and customer service,” said Andrews. “Traditionally, TTI has not acquired companies, but we felt that Capsco’s strong market position and culture will significantly strengthen TTI in the San Jose marketplace. They have local relationships with many customers that are new to TTI. We’re excited that Kathy and her team are now members of the TTI family. TTI’s strong financial position has made this acquisition possible.”

About TTI

TTI, Inc. is a global electronics distributor specializing in the passive, interconnect, and electromechanical markets. TTI and its subsidiary, Mouser Electronics, serve over 50,000 customers worldwide. Today, TTI has over 30 locations in North America, 14 locations throughout Europe, and four locations in the Far East including China. Over the past 13 years TTI has been recognized as the “Most Preferred Distributor of Passive Components” throughout North America. This has translated into being the largest distributor of passives as reported by industry publication EBN.

About Capsco

Capsco has been a regional distributor, specializing in passive and electromechanical components. With world-class systems and capabilities, Capsco's sales and service programs have benefited customers throughout the western United States and Mexico. Capsco has been a tremendous resource for start-ups, contract manufacturers and OEMs. Capsco has been known as a family-friendly work environment, earning the loyalty of long-term employees and customers.

Contact: 

  Tim Scott
  Director of Marketing
  TTI, Inc.
  817-740-9000
  tim.scott@ttiinc.com