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New Deal


Announced

Completed

Eaton completed the acquisition of Royal Power Solutions from Industrial Growth Partnersfor $600m.

Financials

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Transaction Value£444m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

electrical connectivity components

Completed

Acquisition

Electrical Components

Domestic

Friendly

Single Bidder

Private

Majority

Private Equity

Synopsis

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Eaton, a power management company, completed the acquisition of Royal Power Solutions, a US-based manufacturer of high-precision electrical connectivity components, from Industrial Growth Partners, a private equity firm, for $600m. "Growth opportunities tied to the electrification of our economy are accelerating, and Eaton is fully participating through our mobility and electrical businesses. And the addition of Royal Power Solutions enhances our ability to capitalize on this secular growth trend across our eMobility, aerospace and electrical businesses. We are excited to welcome Royal Power Solutions to Eaton," Heath Monesmith, Eaton President and COO, Industrial Sector.

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