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New Deal


Announced

Completed

Eaton completed the acquisition of Tripp Lite for $1.65bn.

Financials

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Transaction Value£1,205m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA12x
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Domestic

United States

Electronic Components and Equipment

Private

Single Bidder

Friendly

power quality products

Majority

Completed

Synopsis

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Eaton, a power management company, completed the acquisition of Tripp Lite, a supplier of power quality products and connectivity solutions including single-phase uninterruptible power supply systems, rack power distribution units, surge protectors, and enclosures for data centers, industrial, medical, and communications markets in the Americas, for $1.65bn. "The acquisition of Tripp Lite will enhance the breadth of our edge computing and distributed IT product portfolio and expand our single-phase UPS business. We look forward to welcoming Tripp Lite to the Eaton family," Uday Yadav, Eaton President and COO.

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