Ropes & Gray Advises Freeman Spogli on its Acquisition of Galco Industrial Electronics
Ropes & Gray advised Freeman Spogli, a leading private equity firm focused on middle market growth companies, on its acquisition of Galco Industrial Electronics from AEA Investors. Financial terms weren’t disclosed. The transaction was announced on February 4. The press release is here.
Galco is a distributor of MRO industrial electronic components. The company utilizes a uniquely advantaged digital business model to address customer needs.
The Ropes & Gray team that advised Freeman Spogli was led by private equity partner Christopher Rile (New York), and included finance partner Steven Rutkovsky (New York), benefits partner Danna Kivell (New York), real estate partner Peter Alpert (Boston), asset management partner Brynn Rail (New York), tax partner Aaron Harsh (Boston), IP transactions partner Violetta Kokolus (New York), private equity associates Randall Limberg, Andrew Silver and Scott Rolnick (all of New York).