Sale to Nautic Partners, LLC

Sale to Nautic Partners, LLC


Baird served as the exclusive financial advisor to Willis Stein & Partners and Aavid Thermalloy


Aavid Thermalloy (“Aavid” or the “Company”), a portfolio company of Willis Stein & Partners, has been acquired by Nautic Partners, LLC. Financial terms of the transaction were not disclosed.

Aavid is a leading provider of thermal management solutions to the global electronics industry with the most recognized brand name in the markets that it serves. The Company designs and manufactures a full range of products that dissipate excess heat in electronic devices, including extruded and fabricated fin heat sinks, heat pipe assemblies, liquid cold plates and a full range of complex, highly engineered solutions. With the longest, most established track record in the industry, Aavid’s thermal management technologies have been an enabling factor in the ever-expanding world of electronics.

Willis Stein & Partners is a middle-market private equity firm that invests in the consumer services, education and specialized business services sectors of the economy. The firm targets majority stake equity investments of $30 to $300 million. Since 1989, Willis Stein has invested almost $3 billion in 50 portfolio companies.

Nautic Partners, LLC is a middle-market private equity firm with over $2.5 billion of equity capital under management. The firm targets equity investments of $25 to $100 million representing majority ownership in companies with proven business models, defensible market positions, and strong growth potential. Areas of focus include business services, manufacturing, healthcare, and communications.

For additional information about this transaction, please contact:

Chris McMahon (312) 609 4983
Chris Coetzee (312) 609 4913
David Jorgenson (312) 609 5441
Sale to Nautic Partners, LLC
December 2010
Aavid Thermalloy
Target Location
North America
Acquiror Location
North America