• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    One Equity Partners Agrees to Sell BRUSH Group's Power Distribution Business

    6/24/25 8:00:00 AM ET
    $BKR
    Metal Fabrications
    Industrials
    Get the next $BKR alert in real time by email

    One Equity Partners ("OEP"), a middle market private equity firm, announced that it has entered into a definitive agreement to sell the Power Distribution business of BRUSH Group ("BRUSH" or the "Company"). Financial terms of the private transaction were not disclosed. OEP previously sold BRUSH's Power Generation business to Baker Hughes (NASDAQ:BKR) in October 2022, one year after OEP's carve-out of BRUSH from Melrose Industries was completed.

    Founded in 1889 and headquartered in Loughborough, United Kingdom, BRUSH provides OEM design and assembly and aftermarket parts and services for electrical power generation and distribution equipment. BRUSH's products are used across a wide range of end markets, including utilities, industrial, rail, data centers and renewable applications.

    At the time of OEP's initial investment, the Company operated two divisions, Power Generation and Power Distribution. The Power Generation business designs, assembles, and services large scale generators that provide primary and standby electrical power to utility, datacenter and industrial customers worldwide. The Power Distribution business designs, assembles and services switchgear, transformers and controls for electric power distribution for utilities, electric vehicles, data centers, high speed rail, and other industrial applications mainly throughout the UK. OEP exited the Power Generation business one year after completing the carve-out of BRUSH and subsequently establishing its Power Networks division while growing the remaining sub-scale Power Distribution business into a platform of scale.

    "OEP's investment in BRUSH showcases our expertise in carve-out transactions and is a great example of how we effectively grow and improve businesses through our M&A focused strategy," said Steve Lunau, Partner at One Equity Partners. "OEP carved out a non-core business unit of a larger parent company, and in close partnership with management, helped the business become a strong standalone company, well-positioned for strategic M&A driven growth."

    "BRUSH is another example of OEP's value creation strategy" said Ori Birnboim, Partner at One Equity Partners. "After the strategic sale of Power Generation, we remained focused on growing the Power Distribution & Networks businesses, making BRUSH a leading electrical solutions and engineered products provider to United Kingdom's critical infrastructure."

    Under OEP's four-year ownership period, BRUSH more than doubled EBITDA. BRUSH completed seven accretive acquisitions during OEP's hold period, expanding the Power Generation, Power Distribution and Power Networks divisions and enhancing the overall footprint and capabilities of the Company. OEP and management also executed several operational excellence initiatives including initiatives to stand-up the business as an independent company, driving margin expansion, establishing Power Networks and growing the Power Distribution business following the sale of Power Generation.

    "We are proud of BRUSH's transformation under OEP's ownership. Our partnership with OEP helped us unlock significant strategic value across three great business units over the last four years," said Nicolas Pitrat, CEO of BRUSH. "OEP was an excellent partner that brought significant expertise in the energy sector, sourcing and execution of transformational M&A, and building the Company as a scaled platform for growth, all of which are key to BRUSH's evolution."

    About One Equity Partners

    One Equity Partners ("OEP") is a middle market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm seeks to build market-leading companies by identifying and executing transformative business combinations. OEP is a trusted partner with a differentiated investment process, a broad and senior team, and an established track record generating long-term value for its partners. Since 2001, the firm has completed more than 400 transactions worldwide. OEP, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York, Chicago, Frankfurt and Amsterdam. For more information, please visit www.oneequity.com.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250623236866/en/

    Thomas Zadvydas

    Stanton

    646-502-3538

    [email protected]

    Get the next $BKR alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $BKR

    DatePrice TargetRatingAnalyst
    7/24/2025$52.00 → $54.00Buy
    TD Cowen
    4/24/2025$50.00 → $49.00Buy
    TD Cowen
    12/19/2024$53.00Overweight
    Piper Sandler
    10/25/2024Hold → Buy
    Argus
    9/25/2024$40.00 → $42.00Equal Weight → Overweight
    Wells Fargo
    7/29/2024$46.00 → $50.00Buy
    TD Cowen
    1/29/2024Outperform → Peer Perform
    Wolfe Research
    1/25/2024$46.00 → $49.00Outperform
    TD Cowen
    More analyst ratings

    $BKR
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • SVP, Controller & CAO Charlton Rebecca L sold $22,500 worth of shares (500 units at $45.00), decreasing direct ownership by 4% to 12,772 units (SEC Form 4)

      4 - Baker Hughes Co (0001701605) (Issuer)

      7/25/25 4:17:34 PM ET
      $BKR
      Metal Fabrications
      Industrials
    • Chairman, President and CEO Simonelli Lorenzo exercised 353,218 shares at a strike of $22.98 and sold $23,390,151 worth of shares (526,568 units at $44.42), decreasing direct ownership by 21% to 667,593 units (SEC Form 4)

      4 - Baker Hughes Co (0001701605) (Issuer)

      7/25/25 4:14:37 PM ET
      $BKR
      Metal Fabrications
      Industrials
    • Chief Growth & Experience Ofcr Borras Maria C exercised 5,585 shares at a strike of $22.98 and sold $223,400 worth of shares (5,585 units at $40.00) (SEC Form 4)

      4 - Baker Hughes Co (0001701605) (Issuer)

      6/20/25 4:16:37 PM ET
      $BKR
      Metal Fabrications
      Industrials

    $BKR
    SEC Filings

    See more
    • SEC Form 10-Q filed by Baker Hughes Company

      10-Q - Baker Hughes Co (0001701605) (Filer)

      7/23/25 4:13:53 PM ET
      $BKR
      Metal Fabrications
      Industrials
    • Baker Hughes Company filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - Baker Hughes Co (0001701605) (Filer)

      7/22/25 5:10:30 PM ET
      $BKR
      Metal Fabrications
      Industrials
    • SEC Form 144 filed by Baker Hughes Company

      144 - Baker Hughes Co (0001701605) (Subject)

      6/17/25 11:42:39 AM ET
      $BKR
      Metal Fabrications
      Industrials

    $BKR
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Baker Hughes Company Announces Second-Quarter 2025 Results

      Second-quarter highlights Orders of $7.0 billion, including $3.5 billion of IET orders.RPO of $34.0 billion, including record IET RPO of $31.3 billion.Revenue of $6.9 billion, down 3% year-over-year.Attributable net income of $701 million.GAAP diluted EPS of $0.71 and adjusted diluted EPS* of $0.63.Adjusted EBITDA* of $1,212 million, up 7% year-over-year.Cash flows from operating activities of $510 million and free cash flow* of $239 million.Returns to shareholders of $423 million, including $196 million of share repurchases. HOUSTON and LONDON, July 22, 2025 (GLOBE NEWSWIRE) -- Baker Hughes Company (NASDAQ:BKR) ("Baker Hughes" or the "Company") announced results today for the second qua

      7/22/25 5:00:00 PM ET
      $BKR
      Metal Fabrications
      Industrials
    • Baker Hughes Declares Quarterly Dividend

      HOUSTON and LONDON, July 22, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ:BKR) announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of $0.23 per share of Class A common stock payable on Aug. 15, 2025, to holders of record on Aug. 5, 2025. Baker Hughes expects to fund its quarterly cash dividend from cash generated from operations. About Baker Hughes:Baker Hughes (NASDAQ:BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleane

      7/22/25 4:05:00 PM ET
      $BKR
      Metal Fabrications
      Industrials
    • One Equity Partners Agrees to Sell BRUSH Group's Power Distribution Business

      One Equity Partners ("OEP"), a middle market private equity firm, announced that it has entered into a definitive agreement to sell the Power Distribution business of BRUSH Group ("BRUSH" or the "Company"). Financial terms of the private transaction were not disclosed. OEP previously sold BRUSH's Power Generation business to Baker Hughes (NASDAQ:BKR) in October 2022, one year after OEP's carve-out of BRUSH from Melrose Industries was completed. Founded in 1889 and headquartered in Loughborough, United Kingdom, BRUSH provides OEM design and assembly and aftermarket parts and services for electrical power generation and distribution equipment. BRUSH's products are used across a wide range o

      6/24/25 8:00:00 AM ET
      $BKR
      Metal Fabrications
      Industrials

    $BKR
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Beattie William G bought $89,368 worth of shares (4,000 units at $22.34) (SEC Form 4)

      4 - Baker Hughes Co (0001701605) (Issuer)

      12/19/23 4:19:16 PM ET
      $BKR
      Metal Fabrications
      Industrials

    $BKR
    Financials

    Live finance-specific insights

    See more
    • Baker Hughes Company Announces Second-Quarter 2025 Results

      Second-quarter highlights Orders of $7.0 billion, including $3.5 billion of IET orders.RPO of $34.0 billion, including record IET RPO of $31.3 billion.Revenue of $6.9 billion, down 3% year-over-year.Attributable net income of $701 million.GAAP diluted EPS of $0.71 and adjusted diluted EPS* of $0.63.Adjusted EBITDA* of $1,212 million, up 7% year-over-year.Cash flows from operating activities of $510 million and free cash flow* of $239 million.Returns to shareholders of $423 million, including $196 million of share repurchases. HOUSTON and LONDON, July 22, 2025 (GLOBE NEWSWIRE) -- Baker Hughes Company (NASDAQ:BKR) ("Baker Hughes" or the "Company") announced results today for the second qua

      7/22/25 5:00:00 PM ET
      $BKR
      Metal Fabrications
      Industrials
    • Baker Hughes Declares Quarterly Dividend

      HOUSTON and LONDON, July 22, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ:BKR) announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of $0.23 per share of Class A common stock payable on Aug. 15, 2025, to holders of record on Aug. 5, 2025. Baker Hughes expects to fund its quarterly cash dividend from cash generated from operations. About Baker Hughes:Baker Hughes (NASDAQ:BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleane

      7/22/25 4:05:00 PM ET
      $BKR
      Metal Fabrications
      Industrials
    • Baker Hughes Company Announces First-Quarter 2025 Results

      First-quarter highlights Orders of $6.5 billion, including $3.2 billion of IET orders.RPO of $33.2 billion, including record IET RPO of $30.4 billion.Revenue of $6.4 billion, consistent year-over-year.Attributable net income of $402 million.GAAP diluted EPS of $0.40 and adjusted diluted EPS* of $0.51.Adjusted EBITDA* of $1,037 million, up 10% year-over-year.Cash flows from operating activities of $709 million and free cash flow* of $454 million.Returns to shareholders of $417 million, including $188 million of share repurchases. HOUSTON and LONDON, April 22, 2025 (GLOBE NEWSWIRE) -- Baker Hughes Company (NASDAQ:BKR) ("Baker Hughes" or the "Company") announced results today for the first

      4/22/25 5:00:00 PM ET
      $BKR
      Metal Fabrications
      Industrials

    $BKR
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • TD Cowen reiterated coverage on Baker Hughes with a new price target

      TD Cowen reiterated coverage of Baker Hughes with a rating of Buy and set a new price target of $54.00 from $52.00 previously

      7/24/25 6:42:52 AM ET
      $BKR
      Metal Fabrications
      Industrials
    • TD Cowen reiterated coverage on Baker Hughes with a new price target

      TD Cowen reiterated coverage of Baker Hughes with a rating of Buy and set a new price target of $49.00 from $50.00 previously

      4/24/25 7:08:12 AM ET
      $BKR
      Metal Fabrications
      Industrials
    • Piper Sandler initiated coverage on Baker Hughes with a new price target

      Piper Sandler initiated coverage of Baker Hughes with a rating of Overweight and set a new price target of $53.00

      12/19/24 7:30:10 AM ET
      $BKR
      Metal Fabrications
      Industrials

    $BKR
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Baker Hughes Company

      SC 13G/A - Baker Hughes Co (0001701605) (Subject)

      11/13/24 12:49:26 PM ET
      $BKR
      Metal Fabrications
      Industrials
    • Amendment: SEC Form SC 13G/A filed by Baker Hughes Company

      SC 13G/A - Baker Hughes Co (0001701605) (Subject)

      10/17/24 11:42:38 AM ET
      $BKR
      Metal Fabrications
      Industrials
    • SEC Form SC 13G/A filed by Baker Hughes Company (Amendment)

      SC 13G/A - Baker Hughes Co (0001701605) (Subject)

      2/13/24 4:58:57 PM ET
      $BKR
      Metal Fabrications
      Industrials

    $BKR
    Leadership Updates

    Live Leadership Updates

    See more
    • IES Holdings Appoints Kelly C. Janzen to its Board of Directors

      HOUSTON , May 13, 2025 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or "IES" or the "Company") (NASDAQ:IESC) today announced the appointment of Kelly C. Janzen to its Board of Directors ("Board"), effective May 12, 2025. "We're excited to welcome Kelly to the Board," said Jeff Gendell, IES's Chairman and Chief Executive Officer. "Kelly's extensive background in finance and accounting, as well as her experience in public company leadership roles, will make her a valuable contributor to our Board." Ms. Janzen brings over 30 years of experience in various financial leadership roles and has served as Executive Vice President and Chief Financial Officer of Vestis Corporation (NYSE:VSTS) since Febr

      5/13/25 8:00:00 AM ET
      $BKR
      $BXC
      $IESC
      $VSTS
      Metal Fabrications
      Industrials
      Wholesale Distributors
      Consumer Discretionary
    • Flowchem Strengthens Leadership Team, Appointing COO, Technology Team, and Board of Senior Industry Experts

      Flowchem ("Flowchem" or the "Company") and SCF Partners ("SCF") are pleased to announce several personnel additions. Flowchem is a leading global player in the drag reducing agent ("DRA") market, providing custom-engineered specialty chemicals to help customers around the world optimize the performance of their infrastructure. These key appointments bolster the already-strong management team in place at the time of the Company's acquisition in 2024, positioning it for continued growth and industry leadership. Shivali Agarwal has been appointed as Chief Operating Officer ("COO"). Shivali brings decades of industry operating experience in roles across the globe, most recently serving as Gr

      2/13/25 7:00:00 AM ET
      $BKR
      $FET
      $HAL
      $PPG
      Metal Fabrications
      Industrials
      Oilfield Services/Equipment
      Energy
    • Akastor ASA: HMH appoints Dan Rabun as Chairman of the Board of Directors

      FORNEBU, Norway, Oct. 21, 2024 /PRNewswire/ -- Akastor ASA's (OSE: AKAST) 50% owned affiliate HMH Holding B.V. ("HMH") has today announced that Mr. Daniel "Dan" W. Rabun has been appointed as Chairman of the Board of Directors effective October 21, 2024. Mr. Rabun is a seasoned executive with extensive leadership experience across multiple industries, having held key roles such as CEO, Chairman, and Board member at major companies, including Ensco plc, Golar LNG Ltd, ChampionX Corporation, Borr Drilling, and APA Corporation. A copy of HMH's announcement with further details can be found on their webpage; https://hmhw.com/news/. For further information, please contact: Øyvind Paaske Chief Fi

      10/21/24 9:41:00 AM ET
      $BKR
      Metal Fabrications
      Industrials