NautaDutilh assists Sentinel Capital Partners with acquisition of electrical business Actuant (Mastervolt)
NautaDutilh assisted Sentinel Capital Partners alongside Kirkland & Ellis LLP in Sentinel's acquisition of the multi-jurisdictional electrical business of Actuant (formerly known as Applied Power), including the leading Dutch-based electrical specialist Mastervolt. The transaction has a value of USD 258 million.
Established in 1991, Mastervolt International employs approximately 115 full-time staff in seven countries and has its headquarters in Amsterdam, the Netherlands. Mastervolt is a designer, developer and global supplier of highly innovative, branded power electronics. Its products provide the technology associated with the efficient conversion, control, storage and conditioning of power and are utilised in various end markets including solar photovoltaic (PV), marine and specialty vehicles. Actuant acquired Mastervolt in November 2010 for EUR 115 million.
The core team of NautaDutilh consisted of Joost den Engelsman, Ruud Smits, Wendy Guépin, Silvia Hubers, Valerie Verberne and Lisa Schoenmakers.
Both The Wall Street Journal and Nasdaq have published an article about this deal.
