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New Deal


Announced

Completed

Cerberus-backed Electrical Components International completed the acquisition of Manufacturing Resource Group.

Financials

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

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wire harness

Majority

Private

Private Equity

United States

Domestic

cable assemblies

Single Bidder

Completed

Friendly

Electrical Components

Acquisition

Synopsis

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Cerberus Capital-backed Electrical Components International, a supplier of electrical distribution systems, completed the acquisition of Manufacturing Resource Group, an electro-mechanical devices and electrical distribution systems manufacturer. Financial terms were not disclosed. “Businesses across sectors are investing in warehouse automation technologies to enhance processes and meet accelerated e-commerce demand. MRG is a proven leader in the automation market with sophisticated capabilities and longstanding customer relationships. This partnership will enable MRG to benefit from ECI’s infrastructure and aligns with our strategy of expansion in high-growth segments. We’re thrilled to welcome the MRG team to our ECI family as we continue to build on our trusted reputation across the globe," Mike Balsei, ECI CEO.

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