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Announced

Completed

nVent completed the acquisition of ECM Industries from Sentinel Capital Partners for $1.1bn.

Financials

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Transaction Value£892m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales2.7x
EV/EBITDA10.58x
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Majority

Private

Friendly

Electronic Equipment: Other

electrical components

electrical appliances

United States

Cross Border

Single Bidder

Completed

Private Equity

Synopsis

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nVent, a provider of electrical connection and protection solutions, completed the acquisition of ECM Industries, a global manufacturer and supplier of electrical products for construction and maintenance, irrigation and landscape supply, from Sentinel Capital Partners, a private equity firm, for $1.1bn. “I am excited to welcome the ECM team to nVent. ECM’s complementary electrical power connection and grounding solutions portfolio further positions nVent with the electrification of everything. The addition of ECM is exciting, and we are confident it will deliver significant value for our customers, employees and shareholders,” Beth Wozniak, nVent Chairperson and CEO.

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