Industrials

ECM Industries

Status
Exited
Location
New Berlin, WI
Investment Type
Private Equity
Investment Themes

ECM Industries is a global manufacturer and supplier of electrical products for construction, maintenance, lighting, irrigation, landscape supply, and gas utility markets. It serves professional electricians, contractors, maintenance technicians, and do-it-yourselfers with a wide range of premium brands, including flagship names Gardner Bender, King Innovation, and Bergen. ECM manages more than 3,000 SKUs and leverages long-term relationships across diverse sales channels, including distributors, specialty hardware stores, and home centers. ECM enjoys sophisticated operational and sourcing capabilities through six global locations.

Sentinel backed ECM management’s multiyear strategic vision to build an electrical products platform with a diverse mix of brands, markets, and distribution channels. During our investment period, ECM acquired ILSCO Corporation, a leading manufacturer and distributor of electrical connectors and accessories. The transformative acquisition led to significant cost savings, diversified ECM’s product portfolio, and increased ECM’s exposure to the attractive distribution channel. In 2023, after achieving our investment objectives, ECM was sold to nVent Electric plc (NYSE:NVT) for $1.1 billion.