Exclusive financial advisor to Nolan Power on its sale to High Road Capital

KPMG Corporate Finance LLC (“KPMG CF”) acted as the exclusive financial advisor to Nolan Power Group, LLC (“Nolan Power” or the “Company”) on its sale to High Road Capital Partners (“High Road Capital”). Nolan Power will be combined with Storage Battery Systems (“SBS”) which High Road acquired in May 2017.

Based in Mandeville, Louisiana, Nolan Power is the Gulf Region’s premier provider of stationary power management solutions. It supplies and services reserve power batteries, stationary batteries, chargers and rectifiers, DC power systems, uninterruptible power supply (UPS) systems and supporting products for applications across the industrial, manufacturing, oil and gas, data center and telecommunications markets.

“Nolan Power Group is a leading provider of critical standby power solutions and services, and its top-notch technicians and commitment to service and training have positioned the company as the go-to provider in the Gulf Region,” said Ben Schnakenberg, Partner, High Road Capital. 

“Nolan Power’s service offering is highly complementary to SBS, and we look forward to supporting both companies as they look to leverage these capabilities to accelerate growth,” Schnakenberg continued.

“We are thrilled to partner with High Road and SBS to expand our offerings and geographic reach,” said Bobby Nolan, Jr., CEO, Nolan Power. “High Road supports our commitment to be the premier provider of standby power services and solutions, and we are excited to have access to their resources and expertise to take Nolan Power to the next level.”

High Road’s acquisition of Nolan Power closed on July 20, 2018. Transaction consideration was not disclosed.

Global coverage. Industry knowledge. Middle-Market focus.

The global Corporate Finance practices of KPMG International’s network of independent member firms was ranked #1 as the top M&A middle-market adviser globally by Thomson Reuters SDC, and Mergermarket based on number of completed transactions, for 2017.

KPMG Corporate Finance LLC

KPMG Corporate Finance LLC was recently named Transaction Advisory Firm of the Year by The Global M&A Network, and previously named Investment Bank of the Year by The M&A Advisor. KPMG Corporate Finance LLC provides a broad range of investment banking and advisory services to its domestic and international clients. Our professionals have the experience and depth of knowledge to advise clients on global mergers and acquisitions, sales and divestitures, buyouts, financings, debt restructurings, equity recapitalizations, infrastructure project finance, capital advisory, portfolio solutions, fairness opinions, and other advisory needs.



Philip J. Isom

Philip J. Isom

Principal, Global Head of M&A, KPMG Corporate Finance LLC

+1 312-665-1911


 
 
Corporate finance services, including Financing, Debt Advisory, and Valuation Services, are not performed by all KPMG member firms and are not offered by member firms in certain jurisdictions due to legal or regulatory constraints. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. 
 
The information contained in this communication may not be representative of the experience of other clients and does not constitute a recommendation, offer, or solicitation to buy, sell or hold any security of any issuer. Past performance does not guarantee future results.
 
© 2019 KPMG Corporate Finance LLC, a Delaware limited liability company. Member FINRA and SIPC. KPMG Corporate  Finance LLC is a subsidiary of KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.. The KPMG name and logo are registered trademarks or trademarks of KPMG International.