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New Deal


Announced

Completed

Cummins completed the acquisition of Engendren from Merit Capital.

Financials

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

Sources

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Tags

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United States

Single Bidder

Friendly

Completed

Majority

Private Equity

Private

heat dissipation systems

Electronic Equipment: Control and Filter

Acquisition

Domestic

Synopsis

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Cummins, a designer, manufacturer and distributor of diesel and natural gas engines, completed the acquisition of the Engendren, a manufacturer of heat dissipation systems for heavy industrial engines, from Merit Capital, a private equity firm. Financial terms were not disclosed.

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