Home > M&A deals 1996 > Carlyle and 3 others acquire Elgar Electronics Corp.
Divestiture · Electronics · April 1996

Carlyle and 3 others acquire Elgar Electronics Corp.

On April 6, 1996, Carlyle and 3 others acquired Elgar Electronics Corp., an electronics company in California, United States, from Joy Global, Inc.

Deal at a glance

AnnouncedApril 6, 1996 TypeDivestiture TargetElgar Electronics Corp. Buyers Carlyle
J.F. Lehman & Co.
GFI Energy Ventures
Oaktree Capital Management
Seller Joy Global, Inc. SectorElectronics LocationCalifornia, United States ValueNot disclosed

Target company

Elgar Electronics Corp.
California, United States
Electronicssector
-founded
Activestatus
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Buyers (4)

Carlyle Lead
Private equity firm · 782 deals on record
J.F. Lehman & Co. Co-investor
Private equity firm · 45 deals on record
Private equity firm · 33 deals on record
Private equity firm
  • 2nd transaction for the lead buyer in electronics
  • 7th transaction in United States
782deals, all time
15in this sector
2026latest

Seller

Company · 6 deals on record
6investments
1in this sector
2exits

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Questions about this deal

Who acquired Elgar Electronics Corp.?Carlyle and 3 others acquired Elgar Electronics Corp. on April 6, 1996.

Who sold Elgar Electronics Corp.?Joy Global, Inc. was the seller.

What type of deal was it?It was a divestiture in the electronics sector in 1996.

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