Deal Scoop: Tyco Batteries & Beacon Health Strategies
Quick info on a pair of private equity deals that haven’t been otherwise announced: *** Marlin Equity Partners has acquired the Battery Systems business of Tyco Electronics Inc., for $25 million. Tyco had disclosed the sale in a May 10-Q filing, but without naming the buyer. No word yet on if Marlin paid the entire $25 million in cash, or if it secured leveraged financing. The newly-independent company has been renamed Palladium Energy, and is based in Naperville, Illinois. It makes and tests custom battery packs for use in portable
27 July 2009•1 min read
