Gamber-Johnson Acquires Lind; Main Street Provides $40M Follow-On Financing
January 24, 2023
Gamber-Johnson, a Stevens Point, Wisconsin manufacturer of rugged mounting solutions, acquired Minnetonka-based Lind Electronic Design Company to expand its mobile power product offerings. Main Street Capital Corporation and an unnamed co-investor provided a $40.0 million first-lien, senior secured term debt follow-on investment to support the acquisition.
- Buyers
- Main Street Capital Corporation, Gamber-Johnson, LLC, Unnamed co-investor
- Targets
- Lind Electronic Design Company, Inc.
- Platforms
- Gamber-Johnson, LLC
- Industry
- Manufacturing
- Location
- Minnesota, United States
- Transaction Type
- Addon
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