Milbank LLP advised Ampure Charging Systems (“Ampure”), a worldwide leader in vehicle charging technology backed by Transom Capital (“Transom”), on its acquisition of Power Designers Sibex (“Sibex”), a leader in industrial charging products and electronics manufacturing.
The transaction marks a major milestone in Transom’s ongoing commitment to the growth of Ampure’s market-defining industrial charging brand PosiCharge. With the acquisition of Sibex, Ampure adds to PosiCharge’s reach and capabilities by expanding its line of products with additional power configurations, enhancing internal manufacturing and final assembly capabilities, adding long-established major OEM relationships, and offering industry-leading software for predictive analytics and energy demand management.
The Milbank team was led by Global Corporate/M&A partner Evan Roberts with associates Andrew Park and Skyla Sykes. The team also included Tax partner Edward Lemanowicz; Technology partner Nicholas Smith; Intellectual Property special counsel John Garces and associate Ari Gilberg; Environmental partner Matthew Ahrens and associate Jesse Valente; Executive Compensation and Employee Benefits partner Mike Shah, special counsel Jameson Frazier and Dustin Stark and associate Shirley Ureña; Real Estate special counsel David Groman and associate Jennifer Couch; and National Security partner Bijan Ganji, special counsel Pinky Mehta and associate Bridget Golob.
