Deal Details
Generac Acquires Tower Light
Summary
Generac Holdings Inc. (“Generac” or the “Company”) (NYSE: GNRC) recently completed its acquisition of Tower Light Srl. (“Tower Light”), a portfolio company of Ambienta SGR. Terms of the transaction were not disclosed.
Baird served as financial advisor to Generac Holdings Inc.
About
Since 1959, Generac has been a leading designer and manufacturer of a wide range of generators and other engine powered products. As a leader in power equipment serving residential, light commercial, industrial and construction markets, Generac's power products are available internationally through a broad network of independent dealers, retailers, wholesalers and equipment rental companies. Generac is based in Waukesha, Wisconsin.Tower Light Srl, founded in 1996, is a European leader in the production of lighting towers for construction and other applications. Through continuous product development and a broad distribution network, Tower Light Srl has become a leading supplier to construction and equipment rental companies, providing mobile power equipment that meets the specific needs of geographic markets across the world. Tower Light Srl is headquartered near Milan, Italy.
Ambienta SGR is the largest European private equity fund focused on the growth environmental sector. With commitments of €217.5 million, Ambienta SGR invests in areas of energy efficiency, pollution reduction, renewables, recycling and primary resource management. Ambienta SGR is headquartered in Milan, Italy.
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- Date
- August 2013
- Company
- Generac Holdings Inc.
- Transaction
- M&A - Buyside
- Sectors
- Industrial
- Verticals
-
Machinery & Equipment
- Target Geography
- Europe
- Acquiror Geography
- North America
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