We are thrilled to announce that on the 18th June 2021 One Equity Partners (“OEP“), a leading middle market private equity firm based in the US, acquired the BRUSH Group.
This is a very exciting opportunity for the next phase of our Company’s development. BRUSH will not only be well positioned to grow through further investment but also to support the increasing challenges of our world-class customers in the Power Generation & Power Distribution Sectors.
“With a rich history dating back to the 1880s, BRUSH has a proven track record for market leadership, product innovation, and trusted customer service. OEP is excited to partner with BRUSH’s industry leading management team, led by CEO Chris Abbott, for the next chapter in the BRUSH story,” said Ori Birnboim, Managing Director, OEP.
“OEP has a strong track record of building market-leading industrial companies through organic and inorganic investment initiatives that drive operational performance, add product capabilities and expand geographic reach,” comments Chris Abbott. “We are pleased to be partnering with OEP as we continue to further develop and grow.”
BRUSH Group Acquires Aprenda Ltd
As part of our journey and strategy for growth, we are also very excited to announce that, with OEP’s support BRUSH Group has recently completed the acquisition of Aprenda Ltd., based in Cambridgeshire. Aprenda is a well-respected design services and independent connections provider to the UK power distribution industry.
“We’re thrilled to have completed the acquisition of Aprenda with the support of OEP. Together, we look forward to starting a new and exciting chapter of growth for BRUSH,” said Chris Abbot.