Tuesday, April 14, 2015
Pulse Electronics Goes To Oaktree
San Diego-based Pulse Electronics, which develops electronic components in the wireless communication, power management, military and aerospace, and other industries, has been acquired by private equity investor Oaktree Capital Management. The two companies said that the deal was worth $17.0M, and gives Oaktree 100% ownership of Pulse Electronics. As a part of the deal, Pulse will be delisted from the public markets. Pulse was advised by Dentons US LLP, and Oaktree was advised by Paul, Weiss, Rifkind, Wharton and Garrison LLP. Pulse's Special Committee was advised by Latham & Watkins LLP and Houlihan Lokey Capital. The deal had originally been annoucned on March 2nd.