Northern Edge Advisors Represents Amran and Narayan in $462 Million Sale to Standex

NEW YORK — Northern Edge Advisors served because the unique monetary advisor to privately-held US-based Amran Instrument Transformers and India-based Narayan Powertech Pvt. Ltd. (“Amran/Narayan Group”) within the sale to Standex Worldwide Company (NYSE: SXI).

Structured because the simultaneous sale of two separate corporations, the acquisitions are the biggest in Standex’s historical past, with a mixed enterprise worth of roughly $462 million consisting of each money and inventory consideration. The worldwide nature of the transactions launched myriad technical challenges because of differing regulatory and authorized regimes, in addition to logistical challenges working throughout time zones.

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With manufacturing services in the US and India and clients in over 60 nations, the Amran/Narayan Group is a market chief in instrument transformers, offering extremely technical, custom-engineered merchandise to main world OEMs and utilities.

Standex is a publicly traded multi-industry producer with a world footprint. The mixture continues Standex’s technique of specializing in higher-margin enterprise segments in faster-growing markets.

The founders and management staff of the Amran/Narayan Group will stay in place, working collaboratively with Standex to facilitate continued progress.

“The simultaneous sale of our two corporations to Standex was a extremely sophisticated transaction,” stated Bhargav Shah, Founder and President of Amran. “By your entire course of, Northern Edge Advisors offered us with steadfast assist and strategic recommendation. Their sell-side experience, cross-border expertise and give attention to the actual nuances concerned with family-owned companies have been invaluable. Now we have deep appreciation for the dedication and partnership offered by Northern Edge Advisors.”

“Transactions, similar to this one, involving layers of complexity, showcase Northern Edge Advisors’ differentiated experience. The challenges in navigating the sale of separate corporations throughout totally different time zones to an skilled purchaser have been many, and we’re happy with the end result. I’m additionally extremely impressed by Chirag and Bhargav Shah’s capability to speed up progress and improve efficiency whereas collaborating in a demanding sale course of. We’re thrilled to have served as a trusted advisor to the Amran/Narayan Group and its house owners,” commented Bob Goldsmith, President of Northern Edge Advisors.

About Northern Edge Advisors

Headquartered in New York Metropolis, with places of work in the US and Canada, Northern Edge Advisors is a boutique funding financial institution with a core give attention to sell-side monetary advisory companies for privately owned companies throughout all industries.