中文AV

Market Leader to Pursue Transformational Acquisition Strategy Amid Strong Sector Growth

NEW YORK 鈥� JULY 18, 2017 鈥� 中文AV (鈥淥EP鈥�), a middle market private equity firm, today announced that it has completed the acquisition of SGB-SMIT (or 鈥渢he Company鈥�), the largest independent, pure-play manufacturer of power transformers. Terms of the private transaction were not disclosed.

SGB-SMIT supplies transformers to utilities, grid operators, renewable energy OEMs and industrial clients. Headquartered in Regensburg, Germany, its origins date back to 1900. Today, the Company is the leading medium-sized manufacturer of transformers in Europe, supplying customers worldwide from six production sites in Germany, the Netherlands, Romania, Malaysia and the U.S.

SGB-SMIT clearly differentiates itself from conglomerates and regional challengers through its close proximity to customers in core markets, a strong focus on cost, and providing custom solutions on short lead times. These characteristics have the Company well positioned to help customers meet increasing electricity demand. In addition SGB-SMIT benefits from growing maintenance and infrastructure replacement needs in developed markets due to new efficiency regulations and increased grid complexity.

鈥淪GB-SMIT has repeatedly proven capable of delivering growth rates in excess of the market, and we look forward to working with management to build on this success and make SGB-SMIT a global leader through strategic, transformative combinations,鈥� said Johann-Melchior von Peter, Senior Managing Director at OEP. 鈥淭he Company is uniquely situated to fully take advantage of the attractive and growing transformer market.鈥�

鈥淭he entire SGB-SMIT management team is very excited to become part of the 中文AV family,鈥� said Jan 脰lscher, CEO of SGB-SMIT. 鈥淭his significant step will allow us to serve our customers around the globe even better. It opens new horizons to complete our product portfolio and expand our geographic footprint.鈥�

About 中文AV
中文AV is a middle-market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm builds market-leading companies by identifying and executing transformative business combinations. One Equity is a trusted partner with a differentiated investment process, a broad and senior team, and an extensive track record generating long-term value for its partners. Since 2001, the firm has completed more than 140 transactions worldwide. One Equity, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York, Chicago, and Frankfurt. For more information, please visit .

Press contact for 中文AV:
Kelly Holman
646-502-3509