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Blackstone Agrees Deal to Buy MacLean Power Systems

Bloomberg
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Blackstone Agrees Deal to Buy MacLean Power Systems

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Blackstone Inc. has agreed to acquire utility-parts maker MacLean Power Systems.The private equity firm plans to merge MacLean with existing portfolio company Power Grid Components, it said in a statement Wednesday. Bloomberg News reported in November that Blackstone was nearing a deal for MacLean.

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