M&A
confidence high
sentiment positive
materiality 0.60
White Mountains acquires majority stake in BaseSix for ~$97M
WHITE MOUNTAINS INSURANCE GROUP LTD
- White Mountains Partners completed acquisition of majority interest in BaseSix Systems for ~$97 million equity investment.
- BaseSix founded 2018, HQ Marietta, GA; provides design, install, retrofit, maintenance of low voltage building systems.
- Company achieved organic growth; plans new offices and strategic acquisitions with WMP backing.
- Co-founders Robb Borden (CEO) and Chris Atwell remain; advisors Morgan Lewis, Deloitte, Miller & Martin.