Announced
Completed
Financials
Tags
Acquisition
Private Equity
Completed
Domestic
Friendly
Single Bidder
Electrical Components
Majority
United States
smart inverters
Private
Synopsis
Private equity firms Goldman Sachs Asset Management and Cleanhill Partners completed the acquisition of a minority stake in EPC Power, a smart inverter manufacturer. Financial terms were not disclosed. “EPC Power is extremely proud of the strong reputation and track record we’ve built by focusing on product innovation and forging deep relationships with our customers. As the world becomes more reliant on renewable energy, inverters need to continue to get smarter. Goldman Sachs and Cleanhill Partners support this vision and are committed to investing in EPC Power and our people to capitalize on this exciting market opportunity and to positively impact the U.S. energy transition," Devin Dilley, EPC Power Co-Founder and CEO.
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