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Equistone sells majority stake in connectivity specialist

Mid-market private equity investor Equistone Partners Europe is to sell its majority stake in Bulgin, a manufacturer of harsh environment connectivity solutions, to Infinite Electronics, a portfolio of connectivity solution brands.

Mid-market private equity investor Equistone Partners Europe (Equistone) is to sell its majority stake in Bulgin, a manufacturer of harsh environment connectivity solutions, to Infinite Electronics, a portfolio of connectivity solution brands.
 
Founded in 1923, Bulgin has a century of experience designing, developing and manufacturing environmentally sealed connectivity solutions for over 75,000 end-users across a wide range of industries. 
 
Since Equistone’s acquisition of the business from Elektron Technology PLC in 2019, Bulgin has grown significantly, opening a new site in Tunisia and new headquarters in Cambridge, United Kingdom, as well as investing in product development and implementing a new data and analytics platform to support sales. Bulgin now has more than 670 distributor locations spanning 60 countries and six continents. The business employs over 680 people across its locations in the UK, North America, Asia-Pacific and North Africa. 
    
Bulgin and Equistone were advised by Houlihan Lokey (M&A) and Travers Smith (Legal).

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