Generac Holdings Inc. acquires Deep Sea Electronics, a UK-based designer and manufacturer of advanced controls. The deal, valued at over $340 million, expands Generac’s capabilities in control systems for energy solutions.
Jun 2021BizTimes - Milwaukee Business NewsNews article
Caledonia Investments sells its stake in Deep Sea Electronics (DSE), a supplier of backup power control systems, to Generac. The acquisition marks an exit for Caledonia from its investment in DSE, which operates in the power solutions sector.
Caledonia Private Capital sells Deep Sea Electronics, a supplier of backup power control systems, to Generac Holdings. The transaction involves the transfer of the portfolio company from Caledonia’s private capital arm. Generac Holdings acquires the business as part of its expansion in power management solutions.
Caledonia Investments sells Deep Sea Electronics to Genarac Holdings. The buyer specializes in designing and manufacturing energy technology solutions. No further details on the transaction terms or rationale are provided.