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Melville, NY and Orlando, FL, February 8, 2021 – Micross Holdings announced that Kenneth Kates (Ken) has been appointed VP of Finance & Corporate Development. Micross is the leading global supplier of turnkey high-reliability microelectronic services and products for the defense, space, commercial aerospace, medical and severe-duty industrial applications.
Ken brings 20 years of financial & operations management and merger & acquisition (M&A) experience to his leadership role at Micross. Most recently, Ken has served as Principal & Senior Partner at Contango Capital Group where he was responsible for driving M&A origination and integration activities for large strategic and private equity companies participating in aerospace, medical and industrial manufacturing markets.
Previously, Ken worked at TransDigm Group Incorporated (NYSE: TDG) for 13 years in several leadership roles with the most recent being Vice President of Mergers & Acquisitions – Finance & Operations. In that role, he was a leader in their M&A team driving the acquisition of over 30 companies and divesting 7 operating locations. Additionally, Ken directed operations, contract negotiation, financial modeling and forecasting as well as sourced potential aerospace and defense deals to further expand the company’s global footprint.
Ken held other leadership roles at TransDigm including Director of Sales, Controller, Director of Mergers and Acquisitions, Business Unit Manager and Manager, Merger & Acquisitions. Earlier in his career, he served as Senior Accountant & Senior Group Analyst; R&D Controller at Parker Hannifin. Ken holds an M.B.A. from Case Western Reserve University and a Bachelor of Science degree in Finance & Accounting from John Carroll University.
In this newly created role, Ken will work closely with the Micross senior management team to drive successful M&A activities that support organic and strategic growth objectives for the business. He will manage the overall M&A pipeline; identifying and screening potential targets as well as direct the due diligence process, perform financial modeling & negotiations and manage integrations.
“I am confident that Ken will contribute greatly to the growth of Micross’ business by executing M&A transactions and strategic investments that support the long-term strategy and corporate development objectives of the organization,” said Vincent Buffa, Micross Chairman and CEO.
About Micross
Micross (www.micross.com) is the global one-source provider of mission-critical microelectronic components and services, including Bare Die & Wafers, Advanced Interconnect Technology, Custom Packaging & Assembly, Component Modification Services, Electrical & Environmental Testing and Hi-Rel Products to manufacturers and users of semiconductor devices. In business for more than 40 years, Micross’ extensive hi-reliability capabilities serve the Aerospace & Defense, Space, Medical and Industrial markets, among others. Micross possesses the sourcing, packaging, assembly, engineering, test and logistics expertise needed to support an application throughout its entire program cycle.
Media Contact:
Valerie Thomas, Micross Components
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