VRC is proud to release its latest industry report. The report provides a concise, insightful update on the Electrical Components & Equipment industry including recent transactions, market multiples, company performance and purchase price allocation percentages.

Industry Highlights

• On October 27, 2022, Regal Rexnord Corporation announced that it reached a definitive agreement with Altra Industrial Motion Corp. providing for Regal Rexnord to acquire 100% of Altra shares in an all cash transaction for $62 per share. The transaction values Altra at $4.95 billion, representing 13.6x LTM Adjusted EBITDA, or 9.5x after factoring estimated run-rate cost synergies.
• On August 8, 2022, Emerson announced an agreement to sell its InSinkErator® business to Whirlpool Corporation for $3.0 billion. InSinkErator’s trailing twelve-month revenue, as of March 31, 2022, was $595 million, pretax earnings were $148 million and EBITDA was $166 million, representing a transaction value of 18.1x EBITDA. The transaction was completed in the fourth quarter of 2022.

Past Industry Updates

Electrical Components & Equipment: August 2022

Electrical Components & Equipment: April 2022

Electrical Components & Equipment: February 2022

Electrical Components & Equipment: October 2021

Electrical Components & Equipment: July 2021

Electrical Components & Equipment: May 2021

Electrical Components & Equipment: January 2021

Electrical Components & Equipment: October 2020

Electrical Components & Equipment: July 2020

Electrical Components & Equipment: May 2020

Electrical Components & Equipment: December 2019

Electrical Components & Equipment: October 2019