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HIDDEN HARBOR BACKED MASTERWORK ELECTRONICS APPOINTS CHIEF EXECUTIVE OFFICER

SAN DIEGO – July 22, 2019 – Masterwork Electronics, (“Masterwork”), a top manufacturer of printed circuit board assemblies (PCBA), which is backed by Hidden Harbor Capital Partners, today announced the appointment of Bhawnesh Mathur as its new Chief Executive Officer. Founded in 1994 to meet the increasing worldwide demand for PCBA and Cable & Harness Assembly, Masterwork Electronics is today one of the premier Electronics Manufacturing Service (EMS) providers.

“Bhawnesh brings a wealth of strategic leadership gained from his 30-year career in electronics manufacturing, with cross-industry insight from experience at a range of companies on both the customer and supplier sides,” said David Block, Partner at Hidden Harbor. “His deep industry knowledge in electronics combined with his proven executive experience make him the perfect candidate to lead Masterwork during this exciting time in the company’s growth.”

Over the course of his distinguished 30-year career, Bhawnesh has successfully worked in various roles throughout the electronics industry ranging from assignments in plant management and global supply chain logistics, to driving cross-border efforts and efficiencies in global and regional teams. Prior to joining Masterwork, Bhawnesh served as CEO of Creation Technologies for four years and as CEO of Epic Technologies for five years. Previously, Bhawnesh spent two formative decades at IBM, where he learned creative ways to apply his technological expertise to help customers solve problems. Originally from India, Bhawnesh graduated from the University of Florida with a bachelor’s degree in Chemical Engineering before going on to receive his Master of Business Administration from the University of Arizona.

“I’m excited to join the team and help propel Masterwork Electronics into its next stage of growth as we continue to focus on superior service, innovative solutions and a high-performance culture for the benefit of our customers, suppliers and employees,” said Bhawnesh Mathur.

About Masterwork Electronics
Masterwork Electronics company serves a diverse mix of customers from North America, representing varied markets including telecom, industrial hardware, payment processing, electric vehicle charging, and home automation. With California-based corporate leadership and state-of-the-art production facilities just over the border in Mexicali, Mexico, Masterwork Electronics is the go-to nearshoring provider of high quality and low-cost manufacturing solutions.

About Hidden Harbor Capital Partners
Hidden Harbor Capital Partners is a private equity firm with an operations soul and intense passion for building great companies. Hidden Harbor brings large-scale, private equity experience and resources to the lower middle market with a focus on value-oriented, operationally intense situations. Our principals are Investor Operators® who bring over 55 years of both extensive transaction and operating experience to truly understand your business. As one team, we partner and work hand-in-hand with our portfolio companies to drive business successes. To learn more, visit www.hh-cp.com.

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Media Contact
Julia Bennett: (904) 534-4468 / jbennett@hh-cp.com