Announced
Completed
Financials
Tags
Domestic
desks
Majority
Acquisition
Private
Single Bidder
Specialty Retailers
United States
Private Equity
Friendly
office appliance
Completed
Synopsis
Sterling Group, a private equity investment firm, completed the acquisition of Ergotron, a maker of ergonomic desks and office accessories, from Melrose, a global investment company, for $650m. "Ergotron is a pioneer in ergonomic solutions, and its strong market position and commitment to its customers and employees seamlessly align with Sterling's employee-focused approach to partnerships. We look forward to supporting the management team as they look to accelerate growth," Brad Staller, The Sterling Group Partner.
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