Aalberts N.V. acquired Sentinel Performance Solutions Group Limited from Electra Private Equity PLC (LSE:ELTA) fund managed by G10 Capital Limited and others for £22.2 million on April 15, 2021. Post completion of the acquisition, Electra intends retaining the cash received pending further asset realisations and confirmation of future distributions to shareholders in due course. The transaction will be financed from existing credit facilities. Sentinel Performance Solutions reported an annual revenue of approximately £20 million in 2020. The results of Sentinel will be consolidated as of May 1, 2021. The experienced management team of Sentinel, led by David Barrett, will continue to manage the company, with Sentinel becoming the specialist water quality division within Aalberts’ hydronic flow control. The management team of Sentinel, led by David Barrett, will continue to manage the company. The acquisition will directly contribute to the earnings per share. Michael Loudon, Rob Britton, Robert Umpleby and Courtney Walker of Clearwater International acted as financial advisor and Dwf Law Llp acted as legal advisor to Electra. Aalberts N.V. completed the acquisition of Sentinel Performance Solutions Group Limited from Electra Private Equity PLC (LSE:ELTA) fund managed by G10 Capital Limited and others on April 15, 2021.