M&A Deal Summary

Birch Lake Holdings Acquires FLI Charge

On May 7, 2019, merchant bank Birch Lake Holdings acquired electrical equipment company FLI Charge

Acquisition Highlights
  • This is Birch Lake Holdings’ 1st transaction in the Electrical Equipment sector.
  • This is Birch Lake Holdings’ 1st transaction in the United States.
  • This is Birch Lake Holdings’ 1st transaction in Illinois.

M&A Deal Summary

Date 2019-05-07
Target FLI Charge
Sector Electrical Equipment
Buyer(s) Birch Lake Holdings
Deal Type Buyout (LBO, MBO, MBI)

Target

FLI Charge

Lake Forest, Illinois, United States
FLI Charge is a technology company that designs, develops, manufactures, markets and licenses its proprietary contact based charging and power solution. FLI Charge's surfaces are capable of providing a significant amount of efficient power to charge and/or power multiple devices, each with different power requirements, simultaneously, and at the same specifications as a regular outlet. FLI Charge is based in Lake Forest, Illinois.

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Buyer(S) 1

DESCRIPTION

Birch Lake Holdings is a merchant bank focused on investing in advising undervalued companies with strong growth potential. Birch Lake was established in 2016 and is headquartered in Chicago, Illinois.


DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1