Announced
Completed
Financials
Tags
Private Equity
Private
United Kingdom
Cross Border
Majority
Diversified Industrials
Completed
Gear systems
industrial engineering
Acquisition
Single Bidder
industrial
Friendly
Synopsis
Stellex Capital Management, an investment company, completed the acquisition of David Brown Santasalo, a global gear systems specialist, from N4 Partners, a private equity firm. Financial terms were not disclosed. “On behalf of David Brown Santasalo, we are very pleased to have secured this investment by Stellex. They have experience investing in our sectors, have spent time working with us on our plans, and clearly see the potential of DBS to further develop our services for customers. I look forward to this new chapter in which we can continue to strengthen our position in the market,” David Armitt, DBS Chief Executive Officer.
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