Richmond, VA, May 3, 2007 — Power Distribution Inc. (PDI), an independent designer, manufacturer and servicer of a full spectrum of mission-critical power distribution, power monitoring and static switching equipment, has been acquired by Palo Alto, Calif.-based private equity firm Bertram Capital.
“We are pleased to have Bertram as a new partner going forward,” said PDI president and CEO Rich Combs. Combs commented that Bertram’s resources will allow PDI to improve its existing power solutions, expand product offerings and operate with flexibility.
PDI’s management team and employees will remain with the company following the acquisition, and the company will continue to be based in Richmond, VA.
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