M&A Deal Summary |
|
|---|---|
| Date | 2025-02-12 |
| Target | Richards Manufacturing |
| Sector | Electrical Equipment |
| Buyer(s) | TE Connectivity |
| Sellers(s) | Oaktree Capital Management |
| Deal Type | Add-on Acquisition |
| Deal Value | 2.3B USD |
| Advisor(s) | Lincoln International (Financial) Kirkland & Ellis (Legal) |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Company |
|---|---|
| Founded | 1941 |
| Sector | Electrical Equipment |
| Employees | 85,000 |
| Revenue | 16.0B USD (2023) |
TE Connectivity is a designer and manufacturer of products at the heart of electronic connections for industries including automotive, energy and industrial, broadband communications, consumer devices, healthcare, and aerospace and defense. TE Connectivity was founded in 1941 and is based in Schaffhausen, Switzerland.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 16 |
| Sector: Electrical Equipment M&A | 5 of 5 |
| Type: Add-on Acquisition M&A Deals | 14 of 14 |
| State: New Jersey M&A | 2 of 2 |
| Country: United States M&A | 12 of 12 |
| Year: 2025 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-10-03 |
Rochester Cable
Culpeper, Virginia, United States Rochester Cable is a provider in the design and manufacture of electro-optical cables for operation in harsh environments. The cables are highly engineered to meet specific requirements in demanding industries such as oil and gas, sensing, defense, oceanographic, and subsea applications. Rochester Cable was founded in 1794 and is based in Culpeper, Virginia. |
Sell | $55M |
Oaktree Capital Management LLP is a global alternative investment firm with a variety of investment strategies spanning corporate debt, convertible securities, distressed debt, control investing, real estate, and public investing. The Firm's control investing group is spread across several disciplines, including Global Principal, European Principal, Power, and Infrastructure. Oaktree was formed in 1995 and is based in Los Angeles.
| DEAL STATS | # |
|---|---|
| Overall | 84 of 86 |
| Sector: Electrical Equipment M&A | 9 of 9 |
| Type: Add-on Acquisition M&A Deals | 37 of 37 |
| State: New Jersey M&A | 4 of 4 |
| Country: United States M&A | 58 of 58 |
| Year: 2025 M&A | 2 of 4 |
| Size (of disclosed) | 1 of 18 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-01-07 |
Velocity Risk
Nashville, Tennessee, United States Velocity Risk provides insurance coverage to clients in catastrophe-exposed areas of the United States. Velocity Risk was founded in 2015 and is based in Nashville, Tennessee. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-03-13 |
ProService
Warsaw, Poland ProService is a provider of technology services and solutions to mutual and pension funds, insurance companies, and banks. The Company offers a variety of services including transfer agent, asset valuation, fund distribution, asset management, corporate accounting, manage Services, and IT solutions. ProService was founded in 1994 and is based in Warsaw, Poland. |
Sell | - |
