M&A Deal Summary

Helios Technologies Acquires Enovation Controls

On November 7, 2016, Helios Technologies acquired electrical equipment company Enovation Controls for 200M USD

Acquisition Highlights
  • This is Helios Technologies’ 1st transaction in the Electrical Equipment sector.
  • This is Helios Technologies’ 3rd largest (disclosed) transaction.
  • This is Helios Technologies’ 2nd transaction in the United States.
  • This is Helios Technologies’ 1st transaction in Oklahoma.

M&A Deal Summary

Date 2016-11-07
Target Enovation Controls
Sector Electrical Equipment
Buyer(s) Helios Technologies
Deal Type Add-on Acquisition
Deal Value 200M USD
Advisor(s) Founders Advisors (Financial)
Norton Rose Fulbright (Legal)

Target

Enovation Controls

Tulsa, Oklahoma, United States
Enovation Controls LLC is a provider of sophisticated digital control systems for gaseous fuel engines and engine-driven equipment focused on the vehicle and energy markets. The company combines the wide-ranging control and display capabilities of the Murphy® brand with the extensive engine control expertise of the EControls® brand.

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Buyer(S) 1

Buyer

Helios Technologies

Sarasota, Florida, United States

Category Company
Founded 1970
Sector Machinery
Employees2,700
Revenue 836M USD (2023)
DESCRIPTION

Sun Hydraulics is a designer and manufacturer of high performance screw-in hydraulic cartridge valves and manifolds for worldwide industrial and mobile markets. Helios Technologies was founded in 1970 and is based in Sarasota, Florida.


DEAL STATS #
Overall 2 of 12
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 10
State (Oklahoma) 1 of 1
Country (United States) 2 of 7
Year (2016) 1 of 1
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-01 High Country Tek

Nevada City, California, United States

High Country Tek, Inc. is a designer and manufacturer of ruggedized electronic/hydraulic control solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-19 Faster

Rivolta d’Adda CR, Italy

Faster SpA is a designer and manufacturer of highly engineered mission-critical hydraulic couplings, serving the major global agriculture and construction equipment OEMs, both for their original equipment and aftermarket needs.

Buy €430M