PITTSBURGH, March 25, 2014: Sun Capital Partners, Inc., a leading private investment firm specializing in leveraged buyouts and investments in market-leading companies, on March 21, 2014 announced that an affiliate had completed the sale of Certified Power Inc., a leading specialty distributor of highly-engineered fluid power and power train products, to an affiliate of Brinkmere Capital Partners, LLC. Terms of the private transaction were not disclosed.
Mundelein, Ill.-based Certified Power, with nine locations throughout the Midwest, has established itself as the premier source for custom-designed fluid power and power train solutions.
Morgan Lewis served as Sun Capital’s legal adviser on the transaction led by Business and Finance Practice partner Kimberly Taylor and including associates Nathan Piper and A. Benjamin Klaber. Also assisting on the transaction were Tax Practice partner Kenneth Kail, Employee Benefits and Executive Compensation Practice partners John Ferreira and R. Randall Tracht, Labor and Employment practice of counsel Christopher Ramsey, and Environmental/Business and Finance Practice partner Judith Walkoff.
For further information about the transaction, please see Sun Capital’s press release.