Description
MacLean Power, LLC ("MacLean Power Systems", "MPS", or the "Company"), a leading manufacturer of products for transmission, distribution, substation, and communications infrastructure, today announced it has received a majority equity investment from funds advised by Centerbridge Partners, L.P. ("Centerbridge"), a leading private investment firm. The Company's previous majority owner, MacLean-Fogg Holdings, L.L.C. ("MacLean-Fogg" or "MFC"), will continue to hold a minority ownership position in MPS following the transaction