William Blair acted as the exclusive financial advisor to C&K Switches (C&K), an affiliated portfolio company of Sun European Partners, LLP, in connection with its pending sale to Littelfuse, Inc. (NASDAQ:LFUS). The transaction was announced on April 8, 2022 and is expected to close during the second quarter of 2022.
About the Companies
C&K is a leading designer and manufacturer of high-performance electromechanical switches and interconnect solutions with a strong global presence across a broad range of end markets, including industrial, transportation, aerospace, and datacom. Headquartered in Waltham, Massachusetts, with facilities located around the world, C&K has annualized sales of over $200 million.
Sun European Partners, LLP is a leading private investment advisory firm, focused on partnering with outstanding management teams to accelerate value creation. Since 1995, affiliates of Sun European have invested in more than 465 companies worldwide with revenues in excess of €40 billion across a broad range of industries and transaction structures. The Firm has built a reputation as a trusted partner, recognised for its operational experience. Sun European focuses on defensible businesses in growing markets with tangible performance improvement opportunities in the Business Services, Consumer, Healthcare, Industrial, and Technology sectors.
Littelfuse, Inc. (NASDAQ:LFUS) is an industrial technology manufacturing company based in Chicago, Illinois. The company primarily produces circuit protection products but also manufactures a variety of electronic switches and automotive sensors. Across more than 15 countries, and with approximately 17,000 global associates, Littelfuse partners with customers to design and deliver innovative, reliable solutions. Serving over 100,000 end customers, its products are found in a variety of industrial, transportation and electronics end markets.
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