Harvey & Company Initiates New Platform Investment in Myers Emergency Power Systems; 65th Platform Investment; 19th Transaction in Electronics
Harvey & Company Initiates New Investment in Myers EPS, an Emergency Lighting Power Solutions Business
Harvey & Company continues to be retained by a Northeastern-based private equity group to seek out rapidly growing new platform investment opportunities within the industrial technology sector. Our firm had developed a relationship with the owner of Myers EPS over numerous years and knew he would consider a recapitalization with the right equity partner.
Myers EPS is a leading designer and manufacturer of backup power solutions for emergency lighting and uninterrupted power supply systems. The company’s products include centralized and mini inverters, which supply power to critical end markets during an outage. In addition to initiating the transaction, the principals of Harvey & Company made an equity investment alongside the fund.
This investment marks Harvey & Company’s 19th deal in the Electronics sector.