DFX Intelligence
RLE Technologies and NDSL Group Ltd.
Merger deal· Raleigh-Durham, NC
Manufacturing, NC.
No date on record · this record
- Announced
- Dec 11, 2024
- Firms on the deal team
- 4
- Capital providers
- 0
No date on record · this record
1 additional firm on the deal team
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
The buyer on this deal is not served as an independent sponsor (a strategic acquirer, or a lender recorded as the buyer). The deal team is shown, and it is not counted in any firm's independent sponsor deals.
Independent sponsor
No principal is named in the announcement.
The announcement
May River Capital and its portfolio company RLE Technologies announced the acquisition of NDSL Group, manufacturer of Cellwatch; the two companies will merge as a new platform, Parameter.
DFX analyst research (General-assisted, every claim URL-cited) mayrivercapital.com
Deal teamHow a firm is placed on a dealA firm is on this deal when the announcement, a filing, or the firm's own deal page names it in the role. Medium confidence (a biography naming the deal, or a side read from the sentence) is labelled; anything weaker is not shown.
Seller and company counsel
- Laytons LLP · Company counsel for NDSL Group Ltd.
Other counsel
- Paul Hastings LLP · Legal counsel (side not stated)Medium confidence
Sell-side advisor
- Mesirow · Sell-side advisor for NDSL Group Ltd.mayrivercapital.comInferred
Buy-side and financial advisors
- Financial advisor (side not stated): named with Independent Sponsor Intelligence