Clearwater International advises the management team at BRUSH on its sale to One Equity Partners
Clearwater International has advised the management team at BRUSH Group (BRUSH), a leading independent provider of equipment, services and solutions for electrical power generation and distribution, on its sale to One Equity Partners (OEP) from Melrose Plc.
Founded in 1889, and headquartered in Ashby de la Zouch, BRUSH has a long and rich history serving power generation, control and distribution with products, namely turbogenerators, transformers, and switchgear. The Company’s 1,200 employees also provide a wide range of services for these same product segments worldwide. BRUSH’s products are used across a wide range of end markets, including utilities, industrial, maritime, rail, data centres and renewable applications.
OEP’s acquisition of BRUSH comes at a time when the electrical power sector is undergoing a significant transformation, as governments and corporations work to supply the increased demand for electric power against the backdrop of ageing grid infrastructure.
Additionally, BRUSH has acquired Aprenda, a well-respected specialist electrical engineering company that provides a wide range of high-level consultation, design and turnkey installation services for customers in the UK power distribution industry, for undisclosed terms. The acquisition of Aprenda, a Cambridgeshire, UK-headquartered business, will provide BRUSH with a leading design engineering platform focused on UK power distribution network projects.
OEP has a long history of investing in and positioning industrial manufacturing businesses in Europe and the US for sustained growth.
Adviser to BRUSH Group on its sale to One Equity Partners from Melrose PlcView more