Paul Weiss Guides Golden Gate on Majority Stake Buy in DMC Power

July 6, 2023, 10:45 AM UTC

Paul Weiss advised Golden Gate Capital on the private equity firm’s agreement to acquire a majority stake in DMC Power, a designer and manufacturer of proprietary connector technology systems for high voltage power infrastructure.

Davis Polk & Wardwell advised DMC Power and its seller, London-based private equity firm Bridgepoint Group. Bridgepoint, which acquired DMC Power in 2013, is exiting its investment in the company, according to a statement.

According to its web site, DMC started out as a machine shop and ended up making connection technology for commercial and military aerospace hydraulic systems. Today, it also provides substation bus, cable, ...

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