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Announced

Completed

High Road Capital-backed Exponential Power completed the acquisitions of Dry Creek and Static 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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Renewable Energy Equipment

Private

United States

engineering power systems

Majority

Private Equity

power solutions

Friendly

power engineering

Completed

Domestic

Single Bidder

power systems

battery storage systems

battery testing

battery recycling

Electronic Components and Equipment

Acquisition

Synopsis

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High Road Capital-backed Exponential Power, a provider of stored power solutions, completed the acquisitions of Dry Creek, a provider of custom DC battery systems, and Static Power, a provider of customized critical power solutions and services. Financial terms were not disclosed. "We're thrilled to partner with Static Power and bring our wide range of stored power solutions to the Mid-Atlantic region. Ruth, Andy, Rob, and the team are highly regarded in the industry for their products and service. We're thrilled to have them on board, and we look forward to continuing to serve our customers and to accelerating the growth of our combined companies," Jake Walker, Exponential Power CEO.

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