M&A Deal Summary

Inspirit Capital Acquires Alpha 3 Manufacturing

On September 20, 2022, private equity firm Inspirit Capital acquired electrical equipment company Alpha 3 Manufacturing from Avnet

Acquisition Highlights
  • This is Inspirit Capital’s 1st transaction in the Electrical Equipment sector.
  • This is Inspirit Capital’s 5th transaction in the United Kingdom.

M&A Deal Summary

Date 2022-09-20
Target Alpha 3 Manufacturing
Sector Electrical Equipment
Buyer(s) Inspirit Capital
Sellers(s) Avnet
Deal Type Divestiture

Target

Alpha 3 Manufacturing

Scunthorpe, United Kingdom
Alpha 3 Manufacturing is a manufacture of complex electro-mechanical assemblies, cable harnesses and other electrical components. Alpha 3 Manufacturing was founded in 2007 and is based in Scunthorpe, United Kingdom.

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Buyer(S) 1

DESCRIPTION

Inspirit Capital is a private investment firm focused on acquiring small to mid-sized companies throughout the UK. The Firm will consider a variety of investment situations including corporate divestitures, buy-and-builds, and other special situations. Inspirit does not have any sector preferences and seeks businesses with at least £20 million in revenue. Inspirit Capital was formed in 2019 and is based in London.


DEAL STATS #
Overall 5 of 13
Sector: Electrical Equipment M&A 1 of 1
Type: Divestiture M&A Deals 3 of 8
Country: United Kingdom M&A 5 of 11
Year: 2022 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-08 Spaldings

Lincolnshire, United Kingdom

Spaldings is a distributor of tillage aftermarket equipment, as well as an emerging player in professional groundcare, forestry and industrial products. Spaldings was founded in 1956 and is based in Lincolnshire, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-26 Inspiro

London, United Kingdom

Inspiro is a provider of apprenticeships and adult education in the UK, supporting both blue chip customers and SMEs across a range of sectors including Automotive, Rail, Nuclear, Retail, Hospitality and Social Care. Inspiro is based in London, United Kingdom.

Buy -

Seller(S) 1

SELLER

Avnet

Phoenix, Arizona, United States

Category Company
Founded 1921
Sector Distribution
Employees15,462
Revenue 23.8B USD (2024)
DESCRIPTION
Avnet's corporate headquarters in Phoenix, Arizona.
Avnet's corporate headquarters in Phoenix, Arizona.

Avnet is a distributor of electronic components, computer products, and embedded technology serving customers globally. Avnet accelerates its partners' success by connecting the technology suppliers with a broad base of customers by providing cost-effective, value-added services and solutions. Avnet was founded in 1921 and is based in Phoenix, Arizona.


DEAL STATS #
Overall 7 of 7
Sector: Electrical Equipment M&A 2 of 2
Type: Divestiture M&A Deals 7 of 7
Country: United Kingdom M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-14 Pinnacle Data Systems

Suwanee, Georgia, United States

Pinnacle Data Systems is a solution provider for document composition, printing, mailing, paperless delivery, and electronic payments. The company delivers millions of print and electronic documents every month for utilities, healthcare, insurance, financial service, and telecommunications companies, including many Fortune 100 companies. Pinnacle Data Systems is headquartered in Suwanee, Georgia.

Sell -