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Announced

Quality Power Solutions to acquire Access Power.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Satellite

internet services

United States

communication products

Cable Television

Acquisition

Friendly

Pending

Single Bidder

Majority

Private

Synopsis

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Quality Power Solutions, a manufacturer of power transmission equipment, agreed to acquire Access Power, a provider of internet services. Financial terms were not disclosed. The acquisition gives Quality Power Solutions an additional support hub, to further grow their UPS and backup power services. The expansion into Minnesota and the Dakotas with local technicians on staff, will allow Quality Power Solutions to better serve the Midwest and provide premium UPS service more efficiently to customers. "We are extremely excited to announce our acquisition of Access Power. We look forward to growing our premium UPS service in Minnesota and surrounding areas and will continue the uninterrupted power service mission that Access Power was founded on," Mike Bergum, Quality Power Solutions Director of Sales.

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