Sheppard Mullin Represents Open Gate Capital In Sale Of Power Partners
Sheppard Mullin represented global private equity firm OpenGate Capital in the sale of one of their portfolio companies, Power Partners, to Pioneer Transformers, a portfolio company of Mill Point Capital, a New York-based private equity firm. Terms of the transaction were not disclosed.
Power Partners is a leading manufacturer of pole and pad-mounted distribution transformers, serving utility, industrial and commercial customers in North America, Central America, the Caribbean and other markets.
The Sheppard Mullin team, led by partner Jordan Hamburger, included M&A associates Taylor Parks, Cedric Powell, and Allen Babajanian. Additional special assistance was provided by partners Dmitriy Chelnitsky, Michael Chan, Frank Dworak, Gregg Fisch, Steve O’Neil, Olivier Theard and Carlo Van den Bosch; associates Sarah Blitz, Brian Egan, Michaela Goldstein, Rachel Howard, Angela Reid and Michael Weisshar; attorney Michelle LaVoie Wisniewski; and paralegal Aaron Hill.
Click here to read Open Gate Capital’s press release.