M&A Deal Summary

Grand Power Systems Acquires Warner Power

On February 8, 2016, Grand Power Systems acquired electrical equipment company Warner Power from American Capital

Acquisition Highlights
  • This is Grand Power Systems’ 1st transaction in the Electrical Equipment sector.
  • This is Grand Power Systems’ 1st transaction in the United States.
  • This is Grand Power Systems’ 1st transaction in New Hampshire.

M&A Deal Summary

Date 2016-02-08
Target Warner Power
Sector Electrical Equipment
Buyer(s) Grand Power Systems
Sellers(s) American Capital
Deal Type Add-on Acquisition

Target

Warner Power

Warner, New Hampshire, United States
Warner Power LLC is a designer and manufacturer of electrical transformers and power systems. Warner Power was founded in 1948 and is based in Warner, New Hampshire.

Search 192,723 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Grand Power Systems

Grand Haven, Michigan, United States

website


Category Company
Founded 1948
Sector Electrical Equipment
DESCRIPTION

Grand Power System is a custom designer and manufacturer of inductive components that include Power Transformers, Line/Load Reactors, and DC Chokes. GTI specializes in providing dry-type custom products that meet the unique requirements of OEM's in a variety of markets, some of which include: Adjustable Speed Drives, Elevators, Power Quality, Medical, Energy/Renewables, and HVAC. Grand Power Systems is founded in 1948 and is based in Grand Haven, Michigan.


DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New Hampshire) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1

Seller(S) 1

SELLER

American Capital

website


Category Private Equity Firm
Founded 1997
PE ASSETS 22.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

American Capital was a publicly traded buyout and mezzanine investment firm. American Capital invested in buyouts, growth capital financings, acquistion financings, and recapitalizations. The Firm looked to finance businesses with at least $4 million in EBITDA and valued between $20 and $500 million. American Capital ws a generalist firm with broad interest in traditional industries such as manufacturing, distribution, and services. American Capital's European investment affiliate is European Capital. European Capital looked to invest $10 to $600 million of equity, mezzanine, and/or senior debt in similar opportunities across Europe. American Capital was formed in 1997 and in January 2017, merged with Ares Capital Management.


DEAL STATS #
Overall 172 of 194
Sector (Electrical Equipment) 6 of 6
Type (Add-on Acquisition) 82 of 87
State (New Hampshire) 4 of 4
Country (United States) 166 of 186
Year (2016) 1 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-24 Dynojet

North Las Vegas, Nevada, United States

Dynojet is a manufacturer of aftermarket performance-enhancing automotive parts and accessories as well as diagnostic equipment for the Powersports industry. Dynojet was founded in 1972 and is based in North Las Vegas, Nevada.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-07 Service Experts

Richardson, Texas, United States

Service Experts LLC is a provider of HVAC services, including inspections, maintenance, sales and equipment installation.

Sell $341M