Eaton’s $600 Million Acquisition of Royal Power Solutions

Paul Hastings advised Industrial Growth Partners and Royal Power Solutions on the deal.

Industrial Growth Partners (IGP) and Royal Power Solutions announced the $600 million sale of Royal to Eaton. 

Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components used in electric vehicle, energy management, industrial and mobility markets, was recapitalized by IGP in 2017. Under IGP’s ownership, Royal has made strategic investments and acquisitions that have positioned the company for its next phase of growth.

The Paul Hastings team was led by Private Equity partner Brian Richards (Picture), and included partners Jim Smulkowski and Todd Schneider;  and associate Michael Kesler.

Involved fees earner: Michael Kesler – Paul Hastings LLP; Brian Richards – Paul Hastings LLP; Todd Schneider – Paul Hastings LLP; Ziemowit Smulkowski – Paul Hastings LLP;

Law Firms: Paul Hastings LLP;

Clients: Industrial Growth Partners ;

Martina Bellini

Author: Martina Bellini