Sensata Technologies to Acquire Dynapower
Chicago – Paul Hastings LLP, a leading global law firm, announced today that it advised Dynapower, a portfolio company of Pfingsten Partners, in its $580 million sale to Sensata Technologies, a leading industrial technology company and provider of sensor-rich solutions and insights.
A global leader in energy storage and power conversion systems, Dynapower is a foundational addition to Sensata’s clean energy solutions portfolio. The acquisition will enable Dynapower to further expand its global footprint, invest in new technologies and markets, and accelerate the scaling of its business.
The transaction is expected to be completed in the third quarter of 2022, subject to regulatory approvals and other customary closing conditions.
The Paul Hastings team was led by Private Equity partner Brian Richards, and associates Kimberly Franssen, Sal Trinchetto, and Dan O’Connor.
Additional advice was provided by partners Jim Smulkowski, Michael Wise, Eric Keller, Aaron Charfoos, Charles Patrizia, Jill Yung, and Todd Schneider; of counsel Randall Johnston, and associates William McCue, April White, Claire Connor, John Michels, Dahlia Ali, and Samuel Pickett.
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