Deal Details
sale of its Electrical Segment to Sentinel Capital Partners
Summary
Baird served as the exclusive financial advisor to Actuant on this transaction
About
Actuant Corporation (“Actuant”) (NYSE: ATU) recently completed the sale of its Electrical Segment to Sentinel Capital Partners (“Sentinel”) for $258 million.Actuant’s Electrical Segment primarily serves the retail do-it-yourself, marine, industrial OEM and wholesale electrical markets with a variety of products under the Gardner Bender, Marinco, Mastervolt, Acme and Turner Electric brand names. The segment operates from six locations across the globe with its headquarters in Menomonee Falls, Wisconsin.
Actuant Corporation is a diversified industrial company serving customers from operations in more than 30 countries. The Actuant businesses are leaders in a broad array of niche markets including branded hydraulic tools and solutions; specialized products and services for energy markets and highly engineered position and motion control systems. Actuant is headquartered in Menomonee Falls, Wisconsin
Sentinel Capital Partners is a leading lower middle market private equity firm. Sentinel invests in management buyouts, acquisitions of family businesses, corporate divestitures, industry consolidations and going-private transactions in the United States and Canada. Sentinel is based in New York, New York.
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- Date
- December 2013
- Company
- Actuant Corporation
- Transaction
- M&A
- Sectors
- Industrial
- Target Geography
- North America
- Acquiror Geography
- Europe
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