nVent Electric plc Acquires ECM Industries from Sentinel Capital Partners for $1.1B
May 18, 2023
nVent Electric plc agreed to acquire ECM Investors, LLC (parent of ECM Industries) from Sentinel Capital Partners for $1.1 billion, subject to customary adjustments. ECM, a New Berlin, Wisconsin-based manufacturer of electrical connectors, tools, test instruments and cable management with ~1,400 employees, will operate within nVent's Electrical and Fastening Solutions segment to expand nVent's product offering and address high-growth verticals.
- Buyers
- nVent Electric plc
- Targets
- ECM Industries (ECM Investors, LLC)
- Sellers
- Sentinel Capital Partners, ECM Investors, LLC
- Industry
- Manufacturing
- Location
- Wisconsin, United States
- Transaction Type
- Buyout
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