M&A Deal Summary

Legrand Acquires Server Technology

On June 22, 2017, Legrand acquired electrical equipment company Server Technology

Acquisition Highlights
  • This is Legrand’s 28th transaction in the Electrical Equipment sector.
  • This is Legrand’s 17th transaction in the United States.
  • This is Legrand’s 1st transaction in Nevada.

M&A Deal Summary
Date 2017-06-22
Target Server Technology
Sector Electrical Equipment
Buyer(s) Legrand
Deal Type Add-on Acquisition

Target

Server Technology

Reno, Nevada, United States
Server Technology, Inc. is a provider of power distribution and management solutions for labs, data centers and telecommunications operations. Server Technology, Inc. was founded in 1984 and is based in Reno, Nevada.

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Buyer(S) 1

Buyer

Legrand

Limoges, France
Category Company
Founded 1865
Sector Electrical Equipment
Employees32,944
Revenue 8.4B EUR (2023)
DESCRIPTION

Legrand manufactures products and systems for low-voltage electrical installations and data networks used in residential, commercial and industrial buildings. The company operates primarily in France, Italy, Rest of Europe, the United States, and Canada. Legrand was founded in 1865 and is based in Limoges, France.

DEAL STATS #
Overall 43 of 51
Sector (Electrical Equipment) 28 of 32
Type (Add-on Acquisition) 41 of 49
State (Nevada) 1 of 1
Country (United States) 17 of 20
Year (2017) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-01 Finelite

Union City, California, United States

Finelite, Inc. is a designer and manufacturer of high-performance, environmentally sustainable lighting systems for office, healthcare, and educational facilities. Finelite is based in Union City, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-28 Milestone AV Technologies

Savage, Minnesota, United States

Milestone AV Technologies is a designer, marketer and distributor of branded audio-visual mounting equipment and display solutions for flat panel displays, projectors, AV furniture, and speakers to both the consumer and the commercial markets. Our innovative products, sold principally under the Chief and Sanus brands, are sold through numerous channels, including Pro AV dealers, regional home theater dealers, consumer electronics retailers, mass merchants and original equipment manufacturers.

Buy -
Mergr

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Company

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