News from the
Humanist Capitalists.

01.06.2023
RCP acquires Steel Automotive in a carve-out transaction from Adient Group

Funds exclusively advised by RCP acquire Steel Automotive from Adient Group in a complex carve-out transaction.

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01.12.2022
RCP successfully completes the sale of PowerTech Converter to ABB

RCP has completed the sale of PowerTech Converter to ABB following signing of a definitive agreement in September 2022.

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19.09.2022
ABB to acquire PowerTech Converter to expand its traction offering

PowerTech Converter (PTC) is a leading supplier of auxiliary power converters and aftermarket services for the railway industry.

 

The acquisition expands ABB Traction division’s market access and complements its product portfolio.

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