Drooms Provides Virtual Data Room to Support Mastervolt Transaction
Mastervolt Continues Successful Growth Strategy Together with Actuant
Actuant Corporation announced in December 2010 that it has acquired all outstanding shares of Mastervolt, a designer, developer, and global supplier of highly innovative, branded power electronics, for approximately $150 million.
The corporate finance team at Kempen & Co. acted as advisor to Mastervolt, and Drooms provided the virtual data room for the transaction. The Drooms virtual data room, equipped with the latest technologies to ensure all transaction-relevant data can be exchanged rapidly and securely, features an intuitive user interface that makes usage simple and convenient throughout the entire due diligence process.