OpenGate Capital has sold Power Partners to Pioneer Transformers

Power Partners, Inc. is a leading designer and manufacturer of high-quality power transmission and distribution products. Its offering includes single-phase and three-phase pole-mount transformers, large-format pole-mount transformers and single-phase pad-mount transformers. Headquartered in Athens, Georgia, PPI serves a range of investor-owned utility, public power, industrial and commercial OEMs and international customers in North America.

Lincoln acted as the exclusive financial advisor to PPI, working closely with its shareholders and management throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction. Terms of the transaction were not disclosed.

Matthias Gundlach, Managing Director at OpenGate Capital, reflected, “The Lincoln team ran a well-organized and competitive sale process for us. Their knowledge of the power landscape was key in bringing us options.”

OpenGate Power Partners Pioneer Transformers Mill Point 2019
  • 2019
    Close Year
  • Energy, Power & Infrastructure
  • PE Backed
    Client Type
  • Strategic | Domestic
    Transaction Type
  • USA
Lincoln did an excellent job articulating PPI’s value proposition and showcasing our growth trajectory. We are very pleased with the outcome of this process and Lincoln found an excellent long-term partner for PPI.
Justin Smith

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