Bertram Capital buys power company, PDI, for $60M
Bertram Capital, a Palo Alto, Calif. private equity firm, has bought Power Distribution, Inc. (PDI), a maker of power distribution, monitoring and static switching equipment, that among other things, powers data centers.
See the announcement here.
VentureWire reports (sub required) that the acquisition price for the Richmond, Virginia-based PDI was $60 million.
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