Galco Industrial Electronics is a distributor of industrial electronics for automation, control and motion applications. Galco’s product portfolio includes components such as drives, relays, contactors, circuit breakers, switches and numerous others, serving applications for controlled power, speed, velocity, torque, position, sequence, interpolation, test, measurement and data acquisition. The company also provides engineering and repair services. Galco is headquartered in Madison Heights, MI (www.galco.com).
AEA manages approximately $6 billion of invested and committed capital in funds dedicated to three purposes: buyouts of middle market companies operating in the industrial, specialty chemical, consumer products and consumer services sectors; buyouts of smaller middle market companies in these same sectors; and mezzanine and senior debt investments. AEA was founded in 1968 and is based in New York.
Quarton Partners acted as the exclusive financial advisor to Galco in this transaction. Headquartered in the Detroit suburb of Birmingham, Quarton is a middle market investment banking firm, serving privately held and publicly traded companies, as well as private equity firms. Quarton Partners assists its clients with mergers and acquisitions, private capital raising, restructurings, valuations and other financial advisory services. Its principals have successfully completed hundreds of engagements in a variety of industries across the US and throughout the world (www.quartonpartners.com).
2014 PEPD • Private Equity’s Leading News Magazine • 6-6-14