Announced
Completed
Financials
Tags
Electrical Components
Acquisition
Majority
United States
Friendly
Single Bidder
Private Equity
Completed
Private
engineered electrical equipment
Domestic
Synopsis
Graycliff Partners, an investment firm focused on making lower middle market investments, completed the acquisition of Electro-Mechanical, a manufacturer of engineered electrical equipment sold into utility and industrial end markets. Financial terms were not disclosed. "The EMC team is very excited to partner with Graycliff for this next chapter in the company’s history. EMC has established itself as a trusted partner in the electrical distribution business, and we are excited to leverage Graycliff’s guidance and resources to further grow the company in the years to come," Howard Broadfoot, EMC CEO.
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