Overview

Deal closed: October 2024
Oasis M&A mandate: Sell-side
Sectors: Manufacturing and distribution of smoke alarms

Background & motivation

Emerald Planet (“Emerald”) engineers efficient, connected energy solutions that cost the consumer and the planet less. Emerald   wished to focus its attention on its core operations of energy efficient electrical products including hot water heat pumps and air conditioning equipment. It wanted to sell its smoke alarms division to a business that would carry on its legacy of having a meaningful connection with its customers, as well as a business that had an existing presence in the alarms space.

Challenges

Oasis Partners (“Oasis”) had to navigate the disclosure of confidential information with extreme caution, both before terms were agreed upon and throughout due diligence. By implementing strict confidentiality measures and a careful approach, Oasis successfully protected its client’s more sensitive information while ensuring the deal progressed smoothly at each stage.

Approach

Oasis respected the goals of Emerald’s shareholders and helped identify the horizontal and vertical gains likely to be available through the merger. Negotiations took place with these in mind. Red Smoke Alarms and its parent proved to be professional and disciplined in their approach.

Results

Oasis was able to close the deal in twelve months. Negotiations were protracted at times, but a quick deal is rarely the best deal.

Testimonial

“Oasis negotiated a much better outcome for us than we would have been able to by ourselves.”