M&A Deal Summary

EnerSys Acquires Purcell Systems

On October 8, 2013, EnerSys acquired electrical equipment company Purcell Systems from Weston Presidio for 115M USD

Acquisition Highlights
  • This is EnerSys’ 14th transaction in the Electrical Equipment sector.
  • This is EnerSys’ 2nd largest (disclosed) transaction.
  • This is EnerSys’ 3rd transaction in the United States.
  • This is EnerSys’ 1st transaction in Washington.

M&A Deal Summary

Date 2013-10-08
Target Purcell Systems
Sector Electrical Equipment
Buyer(s) EnerSys
Sellers(s) Weston Presidio
Deal Type Add-on Acquisition
Deal Value 115M USD

Target

Purcell Systems

Spokane Valley, Washington, United States
Purcell Systems is a designer, manufacturer and marketer of thermally managed electronic equipment and battery cabinet enclosures for customers globally in telecommunication, broadband, utility, rail and military applications.

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Buyer(S) 1

Buyer

EnerSys

Reading, Pennsylvania, United States

Category Company
Founded 2000
Sector Electrical Equipment
Employees10,797
Revenue 3.6B USD (2024)
DESCRIPTION

EnerSys is a provider of stored energy solutions for industrial applications, manufactures and distributes reserve power and motive power batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosure solutions to customers worldwide. EnerSys was founded in 2000 and is based in Reading, Pennsylvania.


DEAL STATS #
Overall 14 of 21
Sector (Electrical Equipment) 14 of 19
Type (Add-on Acquisition) 7 of 13
State (Washington) 1 of 1
Country (United States) 3 of 6
Year (2013) 1 of 2
Size (of disclosed) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-13 EAS Germany

Nordhausen,, Germany

EAS Germany GmbH produces lithium-ion based solutions for space, naval, marine and renewable energy applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-28 Quallion

Sylmar, California, United States

Qualliona is a manufacturer of lithium ion cells and batteries for high integrity applications. Quallion designs, fabricates and manufactures state-of-the-art lithium ion cells and battery packs, and develops new battery chemistries for the military, aerospace, medical and automotive industries.

Buy $30M

Seller(S) 1

SELLER

Weston Presidio

Boston, Massachusetts, United States

Investor Investor


Category Private Equity Firm
Founded 1991
PE ASSETS 3.3B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Weston Presidio is a private investment firm focused on providing growth capital to later stage companies. The Firm looks to commit $10 to $50 million per investment to support growth initiatives, recapitalizations, and management-led buyouts. Sectors of interest include consumer products/services, business services, manufacturing and industrial, media/publishing, healthcare and technology. The Firm prefers to act as the lead investor, but will consider investing in select non-control minority positions. Weston Presidio was formed in 1991 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 39 of 52
Sector (Electrical Equipment) 2 of 2
Type (Add-on Acquisition) 19 of 23
State (Washington) 1 of 2
Country (United States) 37 of 49
Year (2013) 2 of 4
Size (of disclosed) 16 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-07 RE/MAX

Denver, Colorado, United States

RE/MAX is the world’s leading franchisor of residential real estate brokerage services. The Company oversees a network of more than 92,000 agents in more than 75 countries. RE/MAX's fixed fee-based business model and strong brand consistently attract the most experienced and productive real estate agents.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-21 MacDermid

Denver, Colorado, United States

MacDermid is a leading global provider of proprietary specialty chemicals and technical services to a wide range of diverse end use markets including electronics, metal and plastics finishing and offshore oil and gas markets. The company competes in a wide range of attractive niche markets and typically holds a #1 or #2 market position in each of its businesses.

Sell $1.8B