M&A Deal Summary

GCG Acquires Paige Electric

On September 12, 2022, GCG acquired business services company Paige Electric

Acquisition Highlights
  • This is GCG’s 1st transaction in the Business Services sector.
  • This is GCG’s 2nd transaction in the United States.
  • This is GCG’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2022-09-12
Target Paige Electric
Sector Business Services
Buyer(s) GCG
Deal Type Add-on Acquisition
Advisor(s) William Blair (Financial)

Target

Paige Electric

Mountainside, New Jersey, United States
website
Paige Electric is a value-added solutions provider of wire and cable products in several specialty markets. Paige has grown to become a full-service solutions provider with engineering and design capabilities and leading experts in precision agriculture, irrigation, data communications, renewables, and general industrial markets. Paige Electric is based in Mountainside, NJ and has additional locations in Nebraska, California, Pennsylvania, Florida, Nevada, Texas, and Mexico.

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Buyer(S) 1

Buyer

GCG

Chicago, Illinois, United States

website

Category Company
Sector Distribution
DESCRIPTION

GCG is a major value-added distributor of wire, cable, and related products to a variety of niche markets through well-known brands for the following segments Telecom/Broadband, Factory Automation, Naval and Ship-Building, Rail/Transit and Building Automation. GCG is based in Chicago, Illinois.

DEAL STATS #
Overall 2 of 3
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (New Jersey) 1 of 1
Country (United States) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-13 ACD

Cranberry Twp, Pennsylvania, United States

ACD is a technology major, full-line distributor of industrial electrical supplies serving an extensive network of vendors and customers. ACD works directly with some of the largest industrial and OEM accounts throughout Western Pennsylvania, West Virginia, and Eastern Ohio. ACD is based in Cranberry Twp, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-28 RWL Advanced Solutions

Dublin, Ireland

RWL Advanced Solutions is value-added distributor of data cabling and network infrastructure solutions. RWL Advanced Solutions was founded in 2005 and is based in Dublin, Ireland.

Buy -
Mergr

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