MPE Partners completed the investment in Intermatic.

MPE Partners, a private equity firm, completed the investment in Intermatic, an energy management solutions company. Financial terms were not disclosed. "It's rare to find a company like Intermatic that has a rich history and brand name but is also dedicated to growth, product innovation, and manufacturing excellence. We're thrilled to start this journey together and look forward to supporting the organization as it builds for the future." Lukas Sontich, Vice President at MPE, added, "We're equally excited about pursuing complementary add-on acquisitions that provide new products within the broader electrical category in order to enhance Intermatic's value proposition with customers," Constantine Elefter, MPE Partner.