Exclusive financial advisor to Emcor Enclosures, LLC
KPMG Corporate Finance LLC acted as exclusive financial advisor to Emcor Enclosures, LLC
KPMG Corporate Finance LLC is pleased to announce the sale of Emcor Enclosures, LLC, a division of Crenlo Engineered Cabs and backed by Angeles Equity Partners, LLC, to an affiliate of JLL Partners.
Emcor Enclosures, LLC (collectively, Emcor or the Company) designs and manufactures equipment enclosures and consoles for a wide range of technological applications in the aerospace and defense, air traffic control, test and measurement, data center, and healthcare markets. The Company offers a comprehensive product portfolio providing both standard and highly configurable and customized enclosures, racks, and consoles. Products are delivered with industry‑leading turnaround times enabled by the Company’s U.S. manufacturing presence. Emcor was founded in 1951 and is headquartered in Rochester, Minnesota.
The sale enables Crenlo Engineered Cabs (Crenlo) to fully dedicate its operations to manufacturing engineered cabs for off-highway vehicle OEMs in the Americas. “This transaction supports our strategic focus on the off‑highway vehicle space and aligns Emcor with a leader in the enclosures market,” said John Lenga, CEO of Crenlo. “Crenlo remains committed to evolving our business model and investing in our capabilities to deliver the most compelling value proposition to off‑highway vehicle OEMs.”
About Angeles Equity Partners, LLC
Angeles Equity Partners, LLC (Angeles) is a private equity firm that invests in companies across a wide range of industrial sectors and specifically targets businesses, which it believes can directly benefit from the firm’s strategic, operational, and M&A capabilities. The Angeles skill set drives the firm’s investment philosophy and, in its view, can help businesses reach their full potential. Angeles was founded in 2014 and is headquartered in Santa Monica, California.
About Crenlo Engineered Cabs
Crenlo Engineered Cabs (Crenlo) was formed by the merger of Crenlo Cab Products and Worthington Industries Engineered Cabs. Crenlo manufactures engineered operator cabs, rollover protective structures, locomotive subassemblies, and custom complex fabrications in North America and South America.
About JLL Partners
JLL Partners (JLL) is a private equity firm specializing in control investments in middle‑market companies, with a particular focus on healthcare, industrials, and business services sectors across North America. JLL was founded in 1988 and is based in New York, New York.
KPMG Corporate Finance LLC
The global Corporate Finance practice of the KPMG International network of independent member firms was ranked number 1 as the top M&A middle‑market adviser globally by Refinitiv, based on number of completed transactions, for the past 20 years.
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