Headquartered in Litchfield, Illinois, with operations around the world, Teleflex Marine is a developer of OEM and aftermarket steering and control products and accessories for the global recreational marine and related markets.

Teleflex Marine CEO Yvan Cote said they are excited to team up with HIG to grow their business and build on our market leading positions.

"As an independent entity, we will maintain our commitment to delivering the highest quality products and service to our customers, who have been the most important part of our success," Cote said.

HIG managing director Chris Laitala said the management and employees of Teleflex Marine have demonstrated an excellent track record in sales growth, product quality, and product innovation. HIG looks forward to working with the team to expand the scope of Teleflex Marine’s products and services while continuing to provide exceptional customer service.