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Announced

Completed

Exponential Power completed the acquisition of Elite Technologies & Communications.

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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telecommunications contractor

Telecommunications Equipment

United States

Majority

Single Bidder

Acquisition

Domestic

Private

Friendly

Completed

Synopsis

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Exponential Power, a provider in stored power solutions, completed the acquisition of Elite Technologies & Communications, an outsourced service provider of telecommunications critical facility equipment. Financial terms were not disclosed. "Elite Tech is well known in the communications industry and we are excited to welcome them to the Exponential Power family. With 24 years of experience, Elite Tech is well established, and their mission of providing high quality products and services that deliver unprecedented value is a great fit for Exponential Power," Jake Walker, Elite Tech CEO.

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