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Synopsis
High Road Capital Partners-backed Exponential Power, a provider of stored power solutions, completed the acquisition of DC Kilowatts, a provider of industrial batteries and chargers for forklifts, switchgear, telecommunications, and u.p.s. systems. Financial terms were not disclosed. "DC Kilowatts is known for providing excellent service to its customers and we are pleased to welcome them to the Exponential Power family. Bill Fink and his team built an impressive company with a 43-year history and have been a Crown Battery authorized representative since 2007. Their motive power expertise is a great fit for Exponential Power, expanding our geographic footprint, strengthening our more-than-30-year relationship with Crown Battery, and further increasing our sales and service capabilities,” Jake Walker Exponential Power CEO.
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