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Announced

Completed

Baker Hughes completed the acquisition of the power generation business of BRUSH from One Equity Partners.

Synopsis

Baker Hughes, an American international industrial service company, completed the acquisition of the power generation business of BRUSH, a manufacturer of electrical generators, from One Equity Partners, a middle market private equity firm. Financial terms were not disclosed. “We are thrilled to help unlock meaningful value creation through the transformational sale of BRUSH’s largest business segment. OEP recognized BRUSH as a leader within the Power Generation equipment and services sector when we acquired the business last year. We look forward to continuing to support and grow BRUSH’s remaining Power Distribution & Networks business alongside its exceptional management team,” Steve Lunau, One Equity Partners Managing Director.

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