M&A Deal Summary

Legrand Acquires Milestone AV Technologies

On June 28, 2017, Legrand acquired electrical equipment company Milestone AV Technologies from Pritzker Private Capital

Acquisition Highlights
  • This is Legrand’s 29th transaction in the Electrical Equipment sector.
  • This is Legrand’s 18th transaction in the United States.
  • This is Legrand’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2017-06-28
Target Milestone AV Technologies
Sector Electrical Equipment
Buyer(s) Legrand
Sellers(s) Pritzker Private Capital
Deal Type Add-on Acquisition

Target

Milestone AV Technologies

Savage, Minnesota, United States
website
Milestone AV Technologies is a designer, marketer and distributor of branded audio-visual mounting equipment and display solutions for flat panel displays, projectors, AV furniture, and speakers to both the consumer and the commercial markets. Our innovative products, sold principally under the Chief and Sanus brands, are sold through numerous channels, including Pro AV dealers, regional home theater dealers, consumer electronics retailers, mass merchants and original equipment manufacturers.

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Buyer(S) 1

Buyer

Legrand

Limoges, France

website

Category Company
Founded 1865
Sector Electrical Equipment
Employees38,000
Revenue 8.3B EUR (2022)
DESCRIPTION

Legrand manufactures products and systems for low-voltage electrical installations and data networks used in residential, commercial and industrial buildings. The company operates primarily in France, Italy, Rest of Europe, the United States, and Canada. Legrand was founded in 1865 and is based in Limoges, France.

DEAL STATS #
Overall 44 of 49
Sector (Electrical Equipment) 29 of 30
Type (Add-on Acquisition) 42 of 47
State (Minnesota) 1 of 1
Country (United States) 18 of 20
Year (2017) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-22 Server Technology

Reno, Nevada, United States

Server Technology, Inc. is a provider of power distribution and management solutions for labs, data centers and telecommunications operations. Server Technology, Inc. was founded in 1984 and is based in Reno, Nevada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-15 Netatmo

Paris, France

Netatmo is a smart home company which creates simple and smart products for a safer and more comfortable home. Netatmo is based in Paris, France.

Buy -

Seller(S) 1

SELLER

Pritzker Private Capital

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

website

Category Family Office
Founded 1996
Size Large
Type Sector Agnostic
DESCRIPTION

Pritzker Private Capital is a family office and private investment firm focused on leveraged buyouts, acquisitions, and recapitalizations of profitable, middle-market, North American companies across a broad range sectors. Specific industries of interest include consumer products and services, industrial products and services, distribution, telecommunications, IT, healthcare, and business services. Target enterprise values are generally between $200 million and $1.5 billion. Pritzker Private Capital was formed in 1996 and is based in Chicago, Illinois.

DEAL STATS #
Overall 6 of 12
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 5 of 5
State (Minnesota) 1 of 1
Country (United States) 6 of 12
Year (2017) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-11 Signicast

Hartford, Wisconsin, United States

Signicast Corp. is an automated and vertically integrated manufacturer of precision investment cast parts.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-18 Clinical Innovations

Murray, Utah, United States

Clinical Innovations LLC is a developer, manufacturer, and market state-of-the-art medical devices that improve healthcare outcomes for clinicians and their patients worldwide. With particular emphasis on healthcare solutions for women and their infants, Clinical Innovations employs high-quality standards in every aspect of the business to make advancements in technology and bring innovative ideas to life.

Sell -
Mergr

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