# Golden Gate Capital to acquire majority stake in DMC Power

Golden Gate Capital entered a definitive agreement to acquire a majority equity stake in DMC Power, a designer and manufacturer of connector technology for high voltage power infrastructure. Bridgepoint will exit its investment. Financial terms were not disclosed.

- Type: Acquisition
- Announced: 2023-06-30
- Where: Carson, California; Olive Branch, Mississippi, United States
- Status: announced
- Products: connector technology systems for high voltage power infrastructure
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [DMC Power](https://endata.com/companies/4310.md) (target)
- [Bridgepoint](https://endata.com/companies/6769.md) (partner)
- [Golden Gate Capital](https://endata.com/companies/18318.md) (acquirer)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20230630417769/en/Golden-Gate-Capital-to-Acquire-DMC-Power-from-Bridgepoint), 2023-06-30: "Golden Gate Capital today announced that it has entered into a definitive agreement to acquire a majority equity stake in DMC Power"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.