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  6. Centerbridge Partners Invests In MacLean Power Systems

Investment Summary

Centerbridge Partners Invests In MacLean Power Systems

On October 12, 2022, asset manager Centerbridge Partners invested in electrical equipment company MacLean Power Systems from MacLean-Fogg

Investment Highlights
  • This is Centerbridge Partners’ 1st transaction in the Electrical Equipment sector.
  • This is Centerbridge Partners’ 39th transaction in the United States.
  • This is Centerbridge Partners’ 1st transaction in South Carolina.

Investment Summary
Date 2022-10-12
Target MacLean Power Systems
Sector Electrical Equipment
Investor(s) Centerbridge Partners
Sellers(s) MacLean-Fogg
Deal Type Stake Purchase
Advisor(s) Lincoln International (Financial)
Winston & Strawn (Legal)

Target

MacLean Power Systems

Fort Mill, South Carolina, United States
MacLean Power Systems is a manufacturer of products used by utilities for building transmission and distribution lines and substations. MPS product families include hardware and connection products as well as insulation and protection products. MacLean Power Systems was founded in 1925 and is based in Fort Mill, South Carolina.

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Investor(S) 1

Investor

Centerbridge Partners

New York, New York, United States

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 2005
PE ASSETS 38.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Centerbridge Partners is a mega-sized private equity firm focused primarily on distressed/special situations in North America and Europe. In addition to making control investments, Centerbridge also maintains funds for non-control credit investments. Centerbridge was formed in 2005 and is based in New York City.

DEAL STATS #
Overall 47 of 50
Sector: Electrical Equipment M&A 1 of 1
Type: Stake Purchase M&A Deals 3 of 3
State: South Carolina M&A 1 of 1
Country: United States M&A 39 of 41
Year: 2022 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-22 CSI

Paducah, Kentucky, United States

CSI provides core banking, payments processing, Internet, card services, risk assessment, fraud prevention, network management, regulatory compliance, and document delivery solutions to financial institutions and corporate entities across the nation. CSI was founded in 1965 and is based in Paducah, Kentucky.

Buy $1.6B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-07 Aareal Bank

Wiesbaden, Germany

Aareal Bank is a provider of financing solutions and services, with a focus on the property industry. Aareal Bank was founded in 1923 and is based in Wiesbaden, Germany.

Buy -

Seller(S) 1

SELLER

MacLean-Fogg

Mundelein, Illinois, United States
Category Company
Founded 1925
Sector Manufacturing
DESCRIPTION

MacLean-Fogg is a manufacturer of fastener components, engineered components, and engineered plastics for automotive, heavy trucks, and other diverse industries. MacLean-Fogg was founded in 1925 and is based in Mundelein, Illinois.

DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
State: South Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-08 Mallard Manufacturing

Sterling, Illinois, United States

Mallard Manufacturing is a gravity flow solutions company specializing in pallet flow, carton flow, and gravity conveyor applications that optimize warehousing and distribution processes. Mallard Manufacturing is based in Sterling, Illinois.

Buy -
Mergr

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Company

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