Investment Summary

Sier Capital Partners Invests In US Electric

On November 8, 2022, private equity firm Sier Capital Partners invested in marine company US Electric

Investment Highlights
  • This is Sier Capital Partners’ 1st transaction in the Marine sector.
  • This is Sier Capital Partners’ 4th transaction in the United States.
  • This is Sier Capital Partners’ 1st transaction in Washington.

Investment Summary
Date 2022-11-08
Target US Electric
Sector Marine
Investor(s) Sier Capital Partners
Deal Type Growth Capital

Target

US Electric

Seattle, Washington, United States
website
US Electric is a provider of electrical repair services to marine vessels along the West Coast. The company's engineering team is able to bring its customers routine & emergency repairs across a wide range of vessels including, cargo, fishing, ferries, cruise ships, navy transports, and other vessels - significantly reducing downtime. US Electric is based in Seattle, Washington.

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Investor(S) 1

Investor

Sier Capital Partners

Investor Investor Investor

website

Category Private Equity Firm
Founded 2002
Size Small
Type Sector Agnostic
DESCRIPTION

Sier Capital Partners is a private investment firm focused on partnering with successful lower middle-market companies. Sier is sector agnostic however the Firm has a particular interest in businesses with recurring revenue business models and that operate in fragmented industries. Target companies are typically profitable with at least $2 million of EBITDA. Sier Capital Partners was formed in 2002 and is headquartered in Akron, Ohio.

DEAL STATS #
Overall 4 of 4
Sector (Marine) 1 of 1
Type (Growth Capital) 2 of 2
State (Washington) 1 of 1
Country (United States) 4 of 4
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-10 ILS

Morrisville, North Carolina, United States

ILS is a contract research organization that provides a comprehensive range of toxicity testing solutions for government and commercial clients. ILS was founded in 1985 and is based in Morrisville, North Carolina.

Sell $56M
Mergr

Product

Company

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