Announced
Completed
Financials
Tags
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
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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