Announced
Completed
Financials
Tags
mission critical power
Acquisition
United States
Electronic Components and Equipment
Friendly
Majority
Domestic
Private
Single Bidder
Private Equity
Completed
Synopsis
nVent Electric, a provider of electrical connection and protection solutions, completed the acquisition of CIS Global, a provider of mission critical power and server rack-mount slide products for the rapidly growing data center and networking industries, from Guardian Capital, an operationally focused private equity firm, for $200m. “With Guardian’s help, we achieved significant and diversified growth across all aspects of the business, expanding international operations, adding product capabilities, and further penetrating key customers. Because of the strategic partnership with Guardian and the execution of a high-quality executive team, we are a scalable, high performing business serving a growing data center market,” Gerald Birin, CIS Global CEO.
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