Investment Summary

Graycliff Partners Invests In Worldwide Electric

On June 25, 2018, private equity firm Graycliff Partners invested in electrical equipment company Worldwide Electric

Investment Highlights
  • This is Graycliff Partners’ 1st transaction in the Electrical Equipment sector.
  • This is Graycliff Partners’ 35th transaction in the United States.
  • This is Graycliff Partners’ 6th transaction in New York.
Investment Fate
  • Worldwide Electric was sold to a consortium of financial buyers in 2022.

Investment Summary
Date 2018-06-25
Target Worldwide Electric
Sector Electrical Equipment
Investor(s) Graycliff Partners
Deal Type Growth Capital

Target

Worldwide Electric

Rochester, New York, United States
website
WorldWide Electric designs, engineers, and distributes company-branded as well as third party-branded electric motors, motor controls, and gear reducers and has developed a highly proficient sales & marketing team, strong engineering, and product development capabilities. The company sells to a diversified customer base of over 4,000 integrators, OEMs, and distributors serving a wide array of industrial end-markets. WorldWide Electric Corp. was founded in 1998 and is based in Rochester, New York.

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Investor(S) 1

Investor

Graycliff Partners

New York, New York, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1991
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Graycliff Partners is a private equity firm focused on private equity and mezzanine investments in middle-market companies throughout the US. The Firm's mezzanine practice does not have any sector preferences and looks to invest $10 to $50 million in profitable companies with at least $10 million in revenue. Funds are used to support buyouts, growth needs, divestitures, or consolidations. Graycliff's private equity group looks to acquire middle-market companies in the manufacturing, service, and distribution sectors. The Firm looks for businesses with $10 to $200 million of revenue. Graycliff Partners was established in 1991 and is based in New York City.

DEAL STATS #
Overall 40 of 71
Sector (Electrical Equipment) 1 of 2
Type (Growth Capital) 8 of 18
State (New York) 6 of 8
Country (United States) 35 of 66
Year (2018) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-21 Installs

Buffalo, New York, United States

Installs is a first national independent installation service provider of consumer electronics and appliances and currently maintains one of the largest networks of multi-skilled independent and certified technicians. Installs was founded in 1993 and is based in Buffalo, New York.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-13 Skandia

Davis Junction, Illinois, United States

Skandia, Inc. is an aircraft interiors specialist providing innovative product and expert services to the aviation industry. Skandia was founded in 1983 and is based in Davis Junction, Illinois.

Sell $84M
Mergr

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