Carling Technologies
Carling Technologies has been acquired by Littelfuse
Having just celebrated its 100th anniversary, Carling Technologies is a 4th generation family-owned provider of high-quality switching and circuit protection technologies to a diverse OEM and distributor customer base with expertise in commercial vehicle, marine and datacom/telecom infrastructure markets. With major operations in the U.S., Mexico, China and the United Kingdom and offices in Germany, France and India, Carling generates approximately $170 million in annualized revenue and $30 million in EBITDA and has more than 2,800 employees.
After a disciplined auction process, the Company was acquired by Littelfuse (NASDAQ: LFUS), an industrial technology manufacturing company that focuses on the design and manufacturing of circuit protection products for $315 million.
Littelfuse
Carter Morse & Goodrich
Located in Southport, Connecticut, Carter Morse & Goodrich is a boutique M&A advisory firm that specializes in representing closely-held and family businesses valued between $20 million and $200 million. CMG specializes in helping owners of leading companies in unique and niche markets to plan, prepare, execute, and close successful transactions that maximize shareholder value. We fully understand and appreciate the unique dynamics of closely-held and family businesses and the importance of their legacies. While CMG provides a full range of investment banking services such as business sales and divestitures, equity and debt capital raises, acquisition services and pre-transaction advisory services, our primary focus is representing sellers who are pursuing their once-in-a-lifetime M&A transactions. For more than 30 years, the combination of our hands-on approach, senior banker attention, strategic guidance, seamless transaction execution and extensive network of domestic and international resources has enabled us to become a trusted advisor to hundreds of business owners. CMG's Broker/Dealer affiliate, Carter Capital Corporation, is a FINRA member firm registered with the SEC and SIPC. For more information, please visit us online at: www.cartermorse.com
203-349-8372
rgoodrich@cartermorse.com
http://www.cartermorse.com