Simon Peckham, the former Melrose chief who is now CEO of Rosebank, launched the new vehicle last year after months of deliberations about whether to structure it as a private or listed company.
If the deal's enterprise valuation is in the region of $2bn, that would leave Rosebank needing to raise roughly £1.5bn from the sale of new shares and new debt financing.
Sky News has learnt that Rosebank Industries, which floated on the London stock market last summer, has identified Electrical Components International (ECI) as its first major acquisition.
Rosebank has told investors that it will employ the same approach to executive remuneration as the one that saw Melrose's top team receive windfalls worth hundreds of millions of pounds over two decades.
Rosebank is not yet thought to have formally sounded out new or existing investors about raising the equity financing that would be required to fund a deal, they added.
