Transaction

Clearwater advises Powerpoint Engineering on its sale to Indutrade

Transaction

Powerpoint Engineering sold to Indutrade

Sell-side

Undisclosed

Role

Adviser to Powerpoint Engineering on its sale to Indutrade

Sector

Industrial & Chemicals

Region

Ireland

Clearwater has advised Powerpoint Engineering Limited (Powerpoint), a market leading provider of electrical test, monitoring and safety equipment, and specialist services and training across Europe, on its sale to Indutrade, an international technology and industrial business group that consists of c.200 companies in 30 countries.

Founded in 1996, Powerpoint is a market leading provider of electrical testing and safety solutions that specialises in electrical safety products, services, training, and test equipment for use in high and medium-voltage applications, to protect operators from electrical hazards. The product range includes substation safety equipment, electrical test instruments, energy monitoring equipment, and accessories as well as a comprehensive suite of electrical testing services, training courses, in-house calibration, and repair services.

Powerpoint has a European presence and has over 1,000 active customers, including data centres, generating stations, utility companies, high and medium-voltage specialist contractors, advanced manufacturing plants, wind farms, pharmaceutical companies, and facility management companies. The company's expertise in electrical safety is backed by a team of highly qualified and experienced professionals, who are committed to providing exceptional service and support to their customers.

Indutrade aims to provide sustainable profitable growth, by developing and acquiring successful companies managed by passionate entrepreneurs. The group of companies develop, manufacture, and sell components, systems, and services with significant technical content in selected niches. The value-based culture, where people make the difference, has been the foundation of Indutrade’s success since it began in 1978. Indutrade's net sales totalled SEK 27bn in 2022, and its shares are listed on Nasdaq Stockholm in Sweden.

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In Indutrade, we believe we have found an ideal partner in terms of our commitments to our people, customers, and suppliers. We are looking forward to what the future has in store for Powerpoint Engineering under the Indutrade umbrella. We want to specifically thank John, JD, Matthew, and the entire Clearwater team for their invaluable insights and guidance during this process, as they played a pivotal role in delivering an exceptional outcome for all parties involved.

Liam Davis, Founder Managing Director, Powerpoint Engineering
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Powerpoint Engineering is a purpose-driven company with clear growth potential, supported by the continuously increasing focus on worker safety. The company is well-managed, has extensive expertise in its niche, and strong relationships with its customers and partners. We are pleased to welcome them to the Indutrade-family.

Bo Annvik, President and CEO, Indutrade

It was an absolute pleasure working with Liam and Conor on this transaction, and I’m delighted we achieved a successful result for the management team and shareholders. Powerpoint is an exceptionally well managed business with long-standing, trusted relationships with both customers and suppliers. Indutrade is the perfect partner for Powerpoint and we look forward to seeing the future success in the next phase of growth.

John Curtin, Partner, Clearwater

Advisers

Transactions