M&A Deal Summary

GMC-Instruments Acquires World Power Technologies

On January 4, 2008, GMC-Instruments acquired utilities company World Power Technologies from Capital Resource Partners

Acquisition Highlights
  • This is GMC-Instruments’ 1st transaction in the Utilities sector.
  • This is GMC-Instruments’ 1st transaction in the United States.
  • This is GMC-Instruments’ 1st transaction in Minnesota.

M&A Deal Summary
Date 2008-01-04
Target World Power Technologies
Sector Utilities
Buyer(s) GMC-Instruments
Sellers(s) Capital Resource Partners
Deal Type Add-on Acquisition

Target

World Power Technologies

Duluth, Minnesota, United States
World Power Technologies is a provider of power quality monitoring solutions to commercial and utility customers

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Buyer(S) 1

Buyer

GMC-Instruments

Nuremberg, Germany
Category Company
Founded 1919
Sector Test/Measurement Equipment
Employees800
Revenue 120M EUR (2022)
DESCRIPTION

GMC-Instruments provides portable measuring and testing devices for a wide range of electronic applications. GMC-Instruments was founded in 1919 and is based in Nuremberg, Germany.

DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2008) 1 of 1

Seller(S) 1

SELLER

Capital Resource Partners

Wellesley, Massachusetts, United States

Investor Investor

Category Private Equity Firm
Founded 1987
PE ASSETS 1.1B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Capital Resource Partners (CRP) is a provider of debt and equity capital to lower middle-market companies throughout the United States. CRP typically provides $1 to $15 million of junior capital to support 'late-stage expansion, recapitalization, and incremental acquisition investments'. Target companies are generally profitable with at least $5 million in annual sales. Sectors of interest include business services, consumer products and services, healthcare services, proprietary industrial products and services, and software/information services. Capital Resource Partners was formed in 1987 and is based in Wellesley, Massachusetts.

DEAL STATS #
Overall 16 of 34
Sector (Utilities) 1 of 1
Type (Add-on Acquisition) 11 of 18
State (Minnesota) 1 of 2
Country (United States) 16 of 32
Year (2008) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-19 Prometheus Laboratories

San Diego, California, United States

Prometheus Laboratories, Inc. is a specialty pharmaceutical and diagnostic testing company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-01 Prometheus Laboratories

San Diego, California, United States

Prometheus Laboratories, Inc. is a specialty pharmaceutical and diagnostic testing company.

Sell -
Mergr

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