IEP Technologies Acquires Newson Gale Inc.
Scott-Macon's Industrial Automotive Group provides merger and acquisition services.October 2019
Scott-Macon’s Industrial Automotive Group acted as the exclusive financial advisor to IEP Technologies, a portfolio company of HOERBIGER Group, during its acquisition of Newson Gale Inc. effective January 4, 2016.
Based in the UK, U.S., Germany, and Singapore, Newson Gale manufactured static grounding equipment for hazardous area industries since 1988.
About IEP Technologies
IEP Technologies provides systems and services that suppress, isolate and/or vent potential combustible dust or vapor explosions in process industries. Headquartered in Marlborough, MA, they are a leading global industrial explosion protection company providing systems and services that detect and suppress combustible dust or vapor explosions in process industries, including best-in-class explosion protection systems, design engineering, replacement parts, and service and support to its global customer base.
About Scott-Macon’s Industrial Automotive Group and M&A Services
Lead by Fabian Hassel, Scott-Macon’s Industrial and Automotive Group provides M&A, financing, valuation, and strategic advisory services with over 25 years of experience. Industrial and automotive financial services clients have included domestic and foreign publicly-traded and privately-owned companies as well as private equity firms.
Scott-Macon professionals have considerable experience assisting clients in acquiring businesses, either as stand-alone acquisitions or for integration into existing client operations. In addition to the outright sale of a company or business unit, Scott-Macon’s professionals have experience in a wide range of shareholder and liquidity-driven transactions. Our clients have ranged from large global corporations looking to expand their existing operations to private equity funds seeking to build a new or existing portfolio investment.