SENS Holdings Acquired by Industrial Growth Partners

In a significant move in the industrial sector, Industrial Growth Partners (IGP), a private equity firm focused on investments in middle-market companies, has acquired SENS Holdings, LLC. SENS Holdings is renowned for its design and manufacturing of battery chargers, integrated power systems, and battery monitoring solutions, playing a crucial role in supporting critical infrastructure applications. The acquisition was guided by the eminent law firm Paul Hastings LLP. Co-chair of the Global Private Equity practice Brian Richards and of counsel Sam Domjen led the team, along with partners and associates from various legal disciplines. The deal underscores IGP's strategy to partner with management teams and enhance the operational capabilities of its portfolio companies. Paul Hastings' extensive team, encompassing notable legal experts, facilitated the transaction process, ensuring compliance and strategic alignment with IGP's broader investment objectives.