Legrand Acquisition of Avtron Power Solutions

Hidden Harbor Capital Partners Acquires Avtron Power Solutions from Schneider Electric

November 15, 2022

Manufacturing

Hidden Harbor Capital Partners, a Boca Raton-based private equity firm, has acquired Avtron Power Solutions — the global market leader in load bank design and manufacturing — in a carve-out from Schneider Electric's ASCO Power Technologies division. The transaction closed September 30, 2022, and was financed in part by Czech Asset Management; terms were not disclosed.

Legrand Acquires Kratos Industries to Expand Data Center Power Portfolio

February 16, 2026

Manufacturing

Legrand has acquired Kratos Industries, a Colorado-based manufacturer of low-voltage switchboards, medium-voltage switchgear and integrated power systems, to strengthen its critical power offerings for the data center market. In parallel, Legrand participated in Accelsius' Series B to deepen capabilities in two-phase, direct-to-chip liquid cooling for high-density AI data centers.

Legrand Acquires Power Bus Way

December 4, 2024

Building Products

Legrand has acquired Power Bus Way, a Toronto-based specialist in custom cable bus power busbars serving data centers, industrial facilities and large commercial projects. Power Bus Way employs more than 120 people and generates around €70 million in annual revenue; the business will join Legrand's Electrical Wiring Systems division to broaden its cable bus offering and strengthen its North American data center power capabilities. Terms were not disclosed.

VINCI Energies Acquires Avanceon

May 20, 2023

Industrial Services

VINCI Energies has acquired Avanceon, a full-service industrial automation systems integrator founded in 1984. The strategic acquisition will allow VINCI Energies to accelerate Avanceon's growth, expand its proprietary technology offerings, and broaden its geographic reach.

nVent Completes Acquisition of Avail Infrastructure Solutions' Electrical Products Group

May 1, 2025

Manufacturing

nVent Electric plc completed the acquisition of the enclosures, switchgear and bus systems businesses (the "Electrical Products Group") of Avail Infrastructure Solutions for $975 million in cash. The business — a North American provider serving power utilities, data centers and renewables with ~1,100 employees and nine U.S. manufacturing locations — will be operated predominantly within nVent's Systems Protection segment to strengthen its infrastructure offerings.

Legrand to Acquire a Majority Stake in Cogelec

July 9, 2025

IT Services

Legrand France, a subsidiary of Legrand, has signed an agreement to acquire all shares of Cogelec Développement, which indirectly holds 60.09% of Cogelec’s share capital and 78.39% of voting rights. If completed, Legrand will launch a mandatory simplified tender offer for the remaining Cogelec shares at €29 per share, with potential squeeze-out thereafter.