IEC Systems was acquired by Prospect Capital on November 1, 2011

Electrical Equipment Company

Out of 60 sectors in the Mergr database, electrical equipment ranked 21 in number of deals in 2011. The largest electrical equipment acquisition in 2011 was Converteam SAS - which was acquired by General Electric for $3.2B.

Join Mergr to view all 116 acquisitions of electrical equipment companies in 2011, including 21 acquisitions by private equity firms, and 95 by strategics.

IEC Systems LP

4514 Brittmoore Road,
Houston, Texas 77041
United States,
www.iecsys.com

IEC Systems, LP ("IEC"), headquartered in Houston, Texas, provides a full suite of electrical products and services to the drilling rig industry. IEC's three primary services are: (i) electrical system design, installation and repair; (ii) manufacturing and sale of electrical control centers for rigs (both 'SCR' and 'VFD' systems); and (iii) electrical parts sales.


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