trending Market Intelligence /marketintelligence/en/news-insights/trending/basST0krzHAIsCyf4YTXMA2 content esgSubNav
In This List

CBPE acquires majority stake in Ideal Networks

Blog

Corporate and Municipal CUSIP Request Volumes Slow in August

Video

S&P Capital IQ Pro | Powering Your Edge

Podcast

MediaTalk Episode 22: Privacy Concerns Grow As Lawmakers Stall On Federal Bill

Podcast

Street Talk Episode 81: Amid strong recovery, Banc of California hearing more M&A chatter


CBPE acquires majority stake in Ideal Networks

CBPE Capital LLP purchased a majority stake in global industrial technology company Ideal Networks from IDEAL Industries Inc. for an undisclosed amount.

The London-based private equity firm, which backs midmarket companies in the U.K. with up to £150 million in enterprise value, invested alongside Ideal Networks' management team led by CEO Paul Walsh. CBPE Partner Mathew Hutchinson and Investment Director Ben Lewis will join Ideal Networks' board.

Ideal Networks provides portable handsets for data cable and network testing, validation and certification, with sales across Europe, the Middle East, Africa, North America, Latin America and Asia.

Reed Smith was legal adviser to CBPE, while PMSI provided commercial due diligence advice. William Blair was the financial adviser to IDEAL Industries.