Stellex Capital Management, a middle-market private equity firm with experience in industrial businesses and family successions, has made an investment in Bryden Capital Ltd. and MCP Group Ltd., together the MSS Group, a supplier and manufacturer of electronic parts focused on the global power industry.

Based in Manchester, U.K., with manufacturing operations in India and Poland and distribution facilities in the USA and across Europe, MSS offers design, engineering, manufacturing and distribution services to the global power industry. The company’s core sectors are electric transmission and distribution, power storage and high-current DC power systems. The MSS Group’s product portfolio includes electrical connectors, battery cell components, electromechanical assemblies and bespoke designed DC busbar systems.

King & Spalding LLP provided legal support to Stellex, PricewaterhouseCoopers LLP supported Stellex’s commercial due diligence for the transaction and Deloitte LLP provided financial and tax advice. MSS was advised by HSBC Bank Plc on the transaction and further supported by Hill Dickinson LLP on legal matters, KPMG International Limited on financial matters, L.E.K. Consulting on commercial vendor diligence, and Jamieson Corporate Finance LLP supporting management through the transition from owner-manager to a PE-owned company.