Our Private Capital team are proud to have advised NDSL Group Limited, the manufacturers of Cellwatch battery monitoring and management solutions for data centres, utilities and telecom markets, on its recent sale to RLE Technologies, a portfolio company of May River Capital, a Chicago based private equity firm.
The acquisition has resulted in a new platform company, Parameter, which combines more than 70 years of industry experience. Please read the announcement here.
The transaction, with over 200 shareholders in NDSL Group in both the UK and the United States had an extremely challenging timetable, across three jurisdictions and was completed within 6 weeks from the first instructions. The team worked tirelessly to deliver an excellent outcome for the shareholders.
We were delighted to work with Mesirow, who served as financial advisor to NDSL and Manning Fulton & Skinner, who advised on US law issues. Our Private Capital team was led by Cameron Sunter (Partner) and supported by Kathryn Beasley (Partner), Coral Yu (Senior Associate), Alexandra Ahlgren (Solicitor) and Tomos Bliss (Trainee Solicitor).
