Insight
MacLean Power Systems' Majority Investment from Centerbridge Partners
Insight
MacLean Power Systems' Majority Investment from Centerbridge Partners
October 11, 2022
Winston & Strawn LLP advised MacLean Power Systems (“MPS”), a subsidiary of MacLean-Fogg Co. and a leading manufacturer of products for transmission, distribution, substation, and communications infrastructure, with respect to a majority investment from Centerbridge Partners, L.P. MacLean-Fogg will continue to hold a minority ownership position in MPS following the transaction, which will allow MacLean-Fogg to continue investing in strategic products in its remaining business lines and expand product offerings.