On February 21, 2023, O2 Investments Partner, a private equity firm, announced that Flip Electronics, an authorized specialty distributor of electronic components, has integrated Resurgent Semiconductor. This integration would enhance Flip’s solutions and services for business growth and development.
Resurgent Semiconductors is an extended manufacturer of end-of-life (EOL) semiconductor components. It would help Flip Electronics’ mission of ‘Making Obsolescence Obsolete.’ Duker Dapper founded the company in Scotts Valley, California, in 2015. Its services are complementary to Flip’s business model. This partnership would strengthen the O2 Investments Partners’ value proposition for authorized manufacturing suppliers and customers.
O2 Investment Partners is a private equity firm located in Midwest. It connects lower middle market B2B services and technology for industrial companies. It invests in a business with potential economic growth and creates shareholder value for the clients. It partners with management for business growth and development. With vision, strategy, alignment of interest and partnership with management, it creates shareholder value for its client companies.
President of Flip Electronics, Bill Bradford, said, “This is a significant milestone in our history and growth plans. Component obsolescence is one of the major challenges facing manufacturers of legacy equipment. The addition of Resurgent’s extended manufacturing services vastly expands Flip’s offering of end-of-life solutions, allowing us to support customers well beyond their last-time buy dates.”
(Source – Business Wire)
Founder of Resurgent Semiconductor, Duker Dapper, said, “The combination of Flip’s financial resources, sales reach, and current authorized supplier relationships will provide a powerful platform from which to grow and scale Resurgent’s business.” He added, “With proven manufacturing capabilities and business model, Resurgent can leverage Flip’s knowledge to provide win-win solutions for both our suppliers and their customers in EOL situations.”
(Source – Business Wire)
About Flip Electronics
Headquartered in Alpharetta, Georgia, Flip Electronics, a Semiconductor manufacturing company, has been distributing semiconductors and electronic components since 2015. It is an authorized distributor directly working with industry-leading suppliers for sourcing and pricing obsolete, quality, and hard-to-find semiconductor components. With the support of data-driven experts, it strategically acquires and stocks EOL components. In addition, it assists the excess or discontinued semiconductor parts of the mainstream electronic franchise distribution. Its proven CofC traceable authentic distribution prevents customers from counterfeit risk and expanses of product designs. It serves commercial and medical device markets, automotive, telecom, industrial, aerospace, and military manufacturers.