Cleary Gottlieb represented Infinite Electronics, a Warburg Pincus portfolio company, in its acquisition of Regatta Topco Limited (Bulgin) from Equistone Partners Europe and certain management sellers.
The transaction signed on December 23, 2022, and closed on January 19, 2023. The terms of the transaction have not been publicly disclosed.
Infinite Electronics has a global portfolio of leading in-stock connectivity solution brands. Its brands help propel the world’s innovators forward by working urgently to provide products, solutions and real-time support for their customers. Backed by Warburg Pincus since 2021, Infinite Electronic’s brands serve customers across a wide range of industries with a broad inventory selection, same-day shipping, and 24/7 customer service. Cleary represented Warburg Pincus in its acquisition of Infinite Electronics in 2021 and is representing Infinite Electronics in its proposed acquisition of Cable Connectivity Group B.V. announced in November 2022.
Headquartered in Cambridge, UK, Bulgin is a leading manufacturer of harsh environment connectivity solutions. The business designs, develops, and manufactures high integrity circular connectors, switches, and power-related components, which are environmentally sealed to withstand harsh conditions such as exposure to extreme temperatures, water, and humidity. Founded in 1923, Bulgin has a well-established brand and a strong reputation for product quality and reliability with its global customer base of more than 75,000 end users, who are served primarily via specialist electronic distributors. Currently, the business offers more than 7,000 products that are used across a wide range of end markets including industry 4.0, robust electronics, transportation and infrastructure, and medical technologies.
For more information, please see the press release here.