Cache Creek Industries acquires Mountain Secure Systems

Cache Creek Industries, LLC, a Los Angeles, CA-based private equity firm, today announced that it has partnered with Rockmont Capital to acquire Mountain Secure Systems (“MSS”), a provider of proprietary, ruggedized and highly engineered electronic solutions to leading defense contractors in the United States. MSS was previously owned by Phillips Service Industries, Inc., a privately held global manufacturing and services holding company.

Since 1985, MSS has been providing the most reliable ruggedized electronics for fragile, box-level electronics, particularly for the military where reliability for Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) is critical. These products have a proven track record of withstanding the harshest elements of land, sea, air and space for high reliability and mission critical applications. In addition to defense, the company also serves the aerospace, industrial and energy markets.

“We have been impressed with MSS’s culture of accountability, transparency and excellence, which provides a strong foundation for the company to continue growing both organically and through strategic acquisitions,” commented Dean Douglas, a partner at Cache Creek who will serve as the new MSS chairman.

Jake Blumenthal, the Cache Creek partner who led the transaction added, “We believe MSS is well positioned to take advantage of the increasing demand by the military for these solutions and there is also a growing need for MSS’s services in harsh environments across the aerospace, oil and gas, industrial and mining markets. We look forward to working closely with the management team as they pursue these growth opportunities.”

“The entire MSS team looks forward to working with Cache Creek, which shares our culture, values and has a successful history investing in, and operating companies similar to ours,” said president Ken Dickson, who has led MSS for over a decade. “Cache Creek’s recruitment of industry executive Allen Ronk to our board is very exciting for me personally. Having served as the founder and CEO of Secure Communication Systems, a provider of mission critical computing solutions, Allen’s experience, network and insights will be invaluable to MSS.”

Source: Cache Creek