Announced
Financials
Sources
Tags
Private Equity
Public
Pending
Acquisition
Friendly
Majority
Single Bidder
Electricity Distribution
power grids
Australia
Synopsis
Pacific Equity Partners, Australia’s biggest private equity firm, offered to acquire Zenith Energy, a provider of tailored off-grid power generation and service models, for $100m. "PEP has a strong history in backing management teams in the remote power sector and with the additional capital firepower PEP can bring to Zenith, we are highly optimistic about the company’s future growth," Andrew Charlier, PEP Managing Director.
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