Advanced Control Systems | Stephens

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Financial Advisor

Advanced Control Systems

$46 Million 09/10/2018 Power & Industrial Technology Complete
Lead Bankers: Ross Rucker, Bryan Scanlon
Financial Sponsors
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Transaction Details

  • On September 10, 2018, Indra announced the completion of the acquisition of Advanced Control Systems (“ACS”), a division of North American Transmission and Distribution Group (“NATDG”), in a transaction valued at $46 million
  • NATDG is an affiliated portfolio company of Falfurrias Capital Partners
  • The transaction allows Indra to enter the U.S. and Canadian markets, a region with more than 3,200 utilities, most of them municipalities or cooperatives, which are Indra’s target in this geographical market
  • Stephens Inc. served as exclusive Financial Advisor to NATDG

About the company

Advanced Control Systems

Advanced Control Systems designs, develops, and supports solutions to solve some of the electric industry’s most difficult challenges. ACS supplies utility systems throughout the world with SCADA, Distribution Management Systems (DMS), Outage Management Systems (OMS), and many other applications in a single platform. ACS also supplies one of the most comprehensive lines of intelligent substation controllers and remote terminal units in the industry.


Indra is one of the world's top technology and consulting companies and a technology partner for the key operations of its customers' businesses worldwide. It offers a comprehensive range of proprietary solutions and cutting edge services with a high added value in technology based on a unique culture of reliability, flexibility and adaptability to the needs of its customers. Indra is a world leader in the development of end-to-end technology solutions in fields such as Defense and Security, Transport and Traffic, Energy and Industry, Telecommunications and Media, Financial Services, Electoral Processes, and Public Administrations and Healthcare.

Sources: Company press release and website
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