NEW YORK – August 20, 2025 – Cerberus Capital Management, L.P. (together with its affiliates, “Cerberus”), a global leader in alternative investing, today announced that it has completed the sale of Electrical Components International (“ECI” or the “Company”) to Rosebank Industries PLC (“Rosebank”) in a transaction valued at approximately $1.9 billion.
Today, ECI is one of the world’s leading suppliers of complex electrical distribution systems, control box assemblies, and other critical engineered components, serving approximately 500 customers globally. With its network of 39 manufacturing facilities and advanced engineering and technical capabilities, ECI has become the supplier of choice across industrial technology, specialty transportation, HVAC, and appliances end markets.
Cerberus acquired ECI in 2018 and over the next seven years, partnered with the Company in its transformation from a primarily North American home appliance harness manufacturer into a diversified global industrial technology platform. With a market-leading leadership team, including Mike Balsei joining as CEO in 2020, ECI expanded into high-growth and high-value market segments through a mix of organic and acquisition-driven growth. The Company successfully completed and integrated nine strategic acquisitions. In addition, ECI executed on a number of operational initiatives throughout core business functions, which drove substantial margin enhancement, and deepened relationships across its diverse blue-chip customer base.
“It has been a tremendous journey with ECI and its team over the past seven years,” said Mike Sanford, Global Head of Private Equity at Cerberus. “Together, we transformed the Company into a diversified industrial technology platform by entering new markets, both organically and through acquisitions, and broadening its offerings. With its commitment to innovation and excellence, ECI has earned a trusted reputation among a global customer base that we’re extremely proud of. We thank Mike and the entire ECI team as they move forward into their next chapter.”
“ECI’s leadership today reflects the exceptional talent of our team and our great partnership with Cerberus,” said Mr. Balsei. “We’ve expanded into strategic markets, strengthened our operations for efficiency and scale, and deepened our technical and engineering capabilities, further setting ECI apart in the industry. We’re grateful to Cerberus for their unwavering support during our growth and look forward to building on our momentum with Rosebank in the years ahead.”
Debevoise & Plimpton LLP served as legal counsel and Goldman Sachs & Co. LLC, Rothschild & Co, and Guggenheim Securities, LLC served as financial advisors to Cerberus and ECI with respect to the transaction.
About Cerberus
Founded in 1992, Cerberus is a global leader in alternative investing with approximately $65 billion in assets across complementary credit, real estate, and private equity strategies. The firm invests across the capital structure where it believes its integrated investment platforms and proprietary operating capabilities create an edge to improve performance and drive long-term value. Cerberus’ tenured teams have experience working collaboratively across asset classes, sectors, and geographies as they seek to achieve strong risk-adjusted returns for investors. For more information, visit www.cerberus.com.
About ECI
Founded in 1953, Electrical Components International (ECI) is one of the world’s leading suppliers of electrical distribution systems, control box assemblies, and other critical engineered components for diversified markets. With 20,000 employees and 39 global manufacturing locations, ECI is the trusted partner to market leaders with 450+ customers. At ECI, we power smart, connected, and electrified solutions that enable the most advanced technologies to solve the most complex challenges. For more information about ECI, visit www.ecintl.com.
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