La Honda Advisors (“LHA”) is pleased to announce our client, ZPE Systems, a leading manufacturer of secure out-of-band management infrastrucutures, has been acquired by Legrand [PAR: LR], a global leader in electrical and digital infrastructure for homes, workplaces, and datacenters.
The acquisition allows Legrand to enter a promising new segment, highly complementary to its existing offerings for datacenters, whose strong growth is expected to accelerate further with the development of artificial intelligence and associated needs.
“Selecting the right advisory partner for our M&A venture was a critical decision, and La Honda proved to be an invaluable asset. Their team’s professionalism and strategic acumen were evident at every turn. La Honda added immense value through their insightful advice and proactive problem-solving. Their expertise and dedication were instrumental in navigating the complexities of the deal, and we wholeheartedly recommend them to anyone seeking a partner in M&A endeavors.”
– Arnaldo Zimmermann, Co-Founder & CEO
About ZPE Systems
ZPE Systems is a leading American specialist in secure serial console servers and services routers that enable remote access and management of network IT equipment from datacenters to the edge. Founded in 2013 and headquartered in Fremont, CA, the company’s software provides in-band and out-of-band access and control of the network, compute, storage and power devices in both physical and virtual IT infrastructures, enabling clients to increase productivity and obtain quick scalability while reducing downtime, training and IT management costs.
About Legrand
Headquartered in Paris, France, Legrand [PAR: LR] is a global manufacturer of low-voltage electrical components, which are mostly used in residential (40%) and nonresidential (40%) buildings. Its products include wiring devices, cable management, lighting, and audio visual equipment, sold under approximately 80 brands across 180 countries. Its products are sold primarily through specialist distributors that subsequently sell to installers/electricians. Legrand is a major supplier to global electrical equipment distributors, including Rexel and Sonepar. North America and Europe each account for 40% of group sales.