Business
One Equity Partners Agrees to Sell BRUSH Group’s Power Distribution Business
NEW YORK, June 24, 2025--One Equity Partners announced that it has entered into a definitive agreement to sell the Power Distribution business of BRUSH Group.
About this update from Melrose Industries Plc
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":400,"url":"https://media.zenfs.com/en/business-wire.com/a08304c5c2597a2cfd59bbc25cd14f01"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/DFjZuBYxH5BNbftRdytP4w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTcwNTtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/a08304c5c2597a2cfd59bbc25cd14f01","width":400,"height":400}},"lazy":false},{"type":"text","content":"NEW YORK, June 24, 2025--(BUSINESS WIRE)--One Equity Partners ("OEP"), a middle market private equity firm, announced that it has entered into a definitive agreement to sell the Power Distribution business of BRUSH Group ("BRUSH" or the "Company"). Financial terms of the private transaction were not disclosed. OEP previously sold BRUSH’s Power Generation business to Baker Hughes (NASDAQ: BKR) in October 2022, one year after OEP’s carve-out of BRUSH from Melrose Industries was completed.","length":521,"tagName":"p"},{"type":"text","content":"Founded in 1889 and headquartered in Loughborough, United Kingdom, BRUSH provides OEM design and assembly and aftermarket parts and services for electrical power generation and distribution equipment. BRUSH’s products are used across a wide range of end markets, including utilities, industrial, rail, data centers and renewable applications.","length":342,"tagName":"p"},{"type":"text","content":"At the time of OEP’s initial investment, the Company operated two divisions, Power Generation and Power Distribution. The Power Generation business designs, assembles, and services large scale generators that provide primary and standby electrical power to utility, datacenter and industrial customers worldwide. The Power Distribution business designs, assembles and services switchgear, transformers and controls for electric power distribution for utilities, electric vehicles, data centers, high speed rail, and other industrial applications mainly throughout the UK. OEP exited the Power Generation business one year after completing the carve-out of BRUSH and subsequently establishing its Power Networks division while growing the remaining sub-scale Power Distribution business into a platform of scale.","length":811,"tagName":"p"},{"type":"text","content":""OEP’s investment...