Cave Creek Capital (our affiliated private equity fund) completed an investment in MicroHelix, Inc., an Oregon-based manufacturer and distributor of complex cable assemblies and ultrasound probes for the medical and commercial markets. Cave Creek Capital assisted in financing the $3.5 million recapitalization of the Company which resulted in the acquisition of Moore Electronics.

Ty Pettit, CEO, announced “The combination of MicroHelix and Moore Electronics, with facilities in Oregon, Arizona and Mexico, provides the resources and infrastructure to meet the requirements of large OEM customers.” MicroHelix plans to continue to invest in the development of its in-house capabilities and will be pursuing other growth opportunities, including acquisitions.