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High Road Capital Partners acquires Nolan Power Group

Private equity firm High Road Capital Partners has completed the acquisition of Nolan Power Group, LLC, PE Hub reported. Financial terms of the transaction were not announced. Based in Mandeville, Louisiana, Nolan Power Group is a provider of stationary power management solutions. It supplies and services reserve power batteries, stationary batteries, chargers and rectifiers, DC power systems, UPS systems and supporting products for applications across the industrial, manufacturing, oil and gas, data center and telecommunications markets. According to the story, Nolan Power will be merged with Storage Battery Systems(SBS), which High Road acquired in May 2017.

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private equity,private equity deals