Sentinel Capital Partners, a private equity firm that invests in mid-market companies in the US and Canada, with a particular focus on aerospace and defence, and industrial business, has sold portfolio company ECM Industries, to nVent Electric plc for a purchase price of $1.1 billion.
ECM is a global manufacturer and supplier of electrical connectors, tools, and test instruments for construction, maintenance, lighting, irrigation, landscape supply, and gas utility applications.
The company serves professional electricians, contractors, maintenance technicians, and do-it-yourselfers with a wide range of premium brands, including ILSCO, Gardner Bender, and King Innovation. ECM has more than 1,400 employees and operates in North America and Shanghai.
