Rosebank Completes ECI Acquisition for Nearly $1.9 Billion

Deal News | Jul 03, 2025 | Carey Olsen

Rosebank Completes ECI Acquisition for Nearly $1.9 Billion

Carey Olsen has advised Rosebank Industries on its acquisition of Electrical Components International (ECI), a company specializing in the production of wire harnesses and controls serving various industrial sectors in North America. ECI is being acquired for an enterprise value of nearly US $1.9 billion in a deal structured as cash and debt-free. The acquisition will be financed through debt arrangements and a 1.14 billion capital raise. This acquisition marks Rosebank's inaugural investment under its 'Buy, Improve, Sell' strategy aimed at enhancing the performance of industrial businesses to create shareholder value. The acquisition was supported by the expertise of corporate partners from legal advisors Carey Olsen and lead counsel Simpson Thacher & Bartlett.

Sectors

  • Electrical Components Manufacturing
  • Private Equity
  • Legal Advisory

Geography

  • United States – The acquisition focuses on a business principally operating in North America.
  • Europe – Rosebank's strategy includes the transformation of industrial businesses in the U.S. and Europe.

Industry

  • Electrical Components Manufacturing – ECI operates in this sector, providing essential wire harnesses and controls to industries like industrial, electrification, HVAC, and appliances.
  • Private Equity – Rosebank's acquisition of ECI exemplifies a classic private equity transaction, focusing on buying, improving, and selling businesses.
  • Legal Advisory – Carey Olsen and Simpson Thacher & Bartlett's involvement highlights the role of legal advisory services in facilitating large-scale acquisitions.

Financials

  • Less than US$1.9 billion – Enterprise value of the ECI acquisition on a debt and cash free basis.
  • 1.14 billion – Amount raise for institutional capital to finance the acquisition.

Participants

NameRoleTypeDescription
Rosebank IndustriesAcquirerCompanyA company established in 2024 with a strategy to acquire and transform industrial businesses.
Electrical Components International (ECI)TargetCompanyA North American business producing wire harnesses and controls for various sectors.
Carey OlsenLegal AdvisorCompanyProvided legal advisory services to Rosebank Industries for the acquisition.
Simpson Thacher & BartlettLegal AdvisorCompanyServed as lead counsel in the acquisition transaction.