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Transactions / L•••• E••••••••• a•• C•••••••••

M•••••• C••••••• G•••• Acquires L•••• E••••••••• a•• C•••••••••, Establishing R&D Hub for Power Generation Innovation

Add-on acquisitionannouncedadd-onannounced Nov 4, 2025Fact
What happened
Platform
M•••••• C••••••• G••••add-on basis: The addition of LEC marks MCG’s second acquisition in 2025 and sixth in the past 24 months.
Control
Control
Share acquired
unknown
Industry
unknown
Target location
unknown
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
3 named
Buy side
Side not stated
  • M•••••• C••••••• G•••• (“MCG”), a critical power infrastructure company specializing in the design, manufacturing, delivery, and service of advanced electrical systems, today announces the acquisition of L•••• E••••••••• a•• C••••••••• (“L•••• E•••••••••” or “LEC”), a Brookston, Indiana–based manufa
Evidence
M•••••• C••••••• G•••• (“MCG”), a critical power infrastructure company specializing in the design, manufacturing, delivery, and service of advanced electrical systems, today announces the acquisition of L•••• E••••••••• a•• C••••••••• (“L•••• E•••••••••” or “LEC”), a Brookston, Indiana–based manufacturer of switchgear, control systems, and power distribution equipment.
M•••••• C••••••• G•••• Acquires L•••• E••••••••• a•• C•••••••••, Establishing R&D Hub for | Private Equity Intelligence | DFX