Sunbelt Solomon
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
Sunbelt Solomon is a privately-held company that manufactures transformers and electrical equipment for commercial, industrial, and utilities markets. It also offers repairing and renting facilities of transformers and other electrical components. The company was formed through the merger of Sunbelt Transformer and Solomon Corporation. Sunbelt Transformer and Solomon Corporation continued to operate separately after their merger in 2019, and were fully merged and integrated into Sunbelt Solomon in 2021. Sunbelt Solomon was founded in 2021. Sunbelt Solomon headquarters are located in Solomon, Kansas.
Keywords
Keywords
Classified
Private