Wall Street Journal

By Luis Garcia

MayFair Management earned nearly five times its investment in Schumacher Electric Corp. through its sale of the battery-charger maker roughly 18 months after buying the company, according to a senior MayFair executive.

Fort Worth, Texas-based Schumacher more than doubled its earnings before interest, taxes, depreciation and amortization under MayFair ownership, said Thomas Callahan, a managing director at the New York-based private-equity firm. He added that the 4.9 multiple on invested capital generated by…