Eaton Corporation plc (NYSE:ETN) acquired Royal Die & Stamping Co., Inc. from Industrial Growth Partners V, L.P., a fund of Industrial Growth Partners and others for $600 million on January 5, 2022. Brian Richards, Eric R. Keller, Thomas R. Mounteer, Ziemowit T. Smulkowski and Todd Schneider of Paul Hastings served as legal advisor for Industrial Growth Partners and Royal Power Solutions. Houlihan Lokey acted as financial advisor to Royal.

Eaton Corporation plc (NYSE:ETN) completed the acquisition of Royal Die & Stamping Co., Inc. from Industrial Growth Partners V, L.P., a fund of Industrial Growth Partners and others for approximately $610 million on January 5, 2022. The purchase price consisted of $612 million, net of cash acquired.