Jefferson Electric, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Jefferson Electric, Inc. is a company specializing in the design, manufacturing, and distribution of electrical transformers and related products. With a long-standing history of innovation and quality, Jefferson Electric serves a diverse range of industries including industrial, commercial, and renewable energy sectors. In recent years, the company's corporate structure has evolved through several strategic transactions. In April 2010, it was acquired by Pioneer Power Solutions, Inc. as a wholly-owned subsidiary. In August 2019, Pioneer Power sold Jefferson Electric to the private equity firm Mill Point Capital, which integrated it into a platform initially called Pioneer Transformers L.P. This platform was rebranded as Spire Power Solutions L.P. in November 2020. In December 2022, the entire Spire platform was sold to ERMCO (Electric Research and Manufacturing Cooperative, Inc.). In October 2024, Jefferson Electric was reintegrated into a new platform called Voltaris Power LLC, formed by Mill Point Capital in partnership with Pioneer Power Solutions. Business/Product Breakdown Jefferson Electric, Inc. offers a comprehensive array of electrical transformers and related products tailored to various applications. Their product lineup includes distribution transformers, which are essential for reducing voltage levels to safer, usable levels for homes and businesses. The company also manufactures industrial control transformers designed for machine tool control and other industrial applications, ensuring stable voltage and protection against electrical surges. Additionally, Jefferson Electric provides power transformers that play a critical role in transmitting electrical energy across long distances, enhancing the efficiency of power distribution networks. Specialty transformers are another key offering, catering to unique customer requirements in medical, renewable energy, and other niche markets. Beyond transformers, the company offers complementary products such as voltage regulators, which help maintain consistent voltage levels, and custom transformer solutions, designed to meet specific client specifications. Each product is engineered with precision and built to meet stringent industry standards, reflecting Jefferson Electric's dedication to quality and performance.
Keywords
Keywords
Classified
Private