M&A Deal Summary |
|
|---|---|
| Date | 2016-05-09 |
| Target | Crompton Greaves - Transmission & Distribution Division |
| Sector | Electrical Equipment |
| Buyer(s) | First Reserve |
| Sellers(s) | CG Power and Industrial Solutions |
| Deal Type | Divestiture |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1983 |
| PE ASSETS | 32.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
First Reserve is a specialist private equity firm focused on investments in energy companies. First Reserve targets equity investments of $50 to $500 million in companies valued from $100 million to $10 billion. Target areas of interest within the energy industry include energy manufacturing and services (drilling service providers and wellhead equipment manufacturers), energy infrastructure, energy reserves, renewable energy and alternative fuels, and energy related insurance and financial products. First Reserve was established in 1983 and is based in Stamford, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 88 of 112 |
| Sector: Electrical Equipment M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 5 of 9 |
| Country: India M&A | 1 of 1 |
| Year: 2016 M&A | 3 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-02-11 |
Mariah North Wind Power Project
Texas, United States Mariah North Wind is expected to generate 230 MW of wind power, serving the high-demand ERCOT market in Parmer County, Texas, with a 13-year, fixed price hedge for its power production. The project will also construct and own a 27 mile, 345 kV transmission line to interconnect with the ERCOT CREZ system and is the first phase of an expected 600 MW development. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-07-21 |
M Group Services
Stevenage, United Kingdom M Group Services is a service provider to the regulated infrastructure markets in the UK and Ireland through its utilities, transport, telecom, and data divisions. The Company operates through its subsidiaries that include Morrison Utility Services, Morrison Data Services, Dyer & Butler, Magdalene, PMP Utilities and M Group Services Plant & Fleet Solutions. M Group Services was formed in 1847 and is based in Hertfordshire, England. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1937 |
| Sector | Machinery |
| Employees | 3,113 |
| Revenue | 98.1B INR (2025) |
CG Power and Industrial Solutions provides electrical products, systems, and services for utilities, power generation, and industries. The company is organized into three business groups: Power, Industrial, and Automation. CG’s products and technologies cover the entire value chain of engineering offerings. From generation, transmission, distribution, and conversion, it manages and tends electricity to travel great distances, directing it intelligently to the end-user and helping convert it efficiently back into motive power. CG’s solutions address the growing complexity and scale of modern infrastructure, with smart devices and systems to bridge demand and supply, as well as supporting the renewable energy movement with creative leadership and smart solutions. CG Power and Industrial Solutions was founded in 1937 and is based in Mumbai, Maharashtra.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Electrical Equipment M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: India M&A | 2 of 2 |
| Year: 2016 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-04-24 |
Crompton Greaves Consumer Electricals
Mumbai , India Crompton Greaves consumer manufactures and markets a wide spectrum of consumer products, ranging from fans, lamps, and luminaires to pumps and household appliances such as water heaters, mixer grinders, toasters, irons, and electric lanterns. Crompton Greaves Consumer Electricals was founded in 2015 and is based in Mumbai, Maharashtra. |
Sell | - |
