Announced
Completed
Synopsis
Qualus, a company that specializes in power system engineering, turnkey project management and field services, completed the acquisition of GridBright, a grid management specialists of the utility industry. Financial terms were not disclosed. “The addition of GridBright is transformational and significantly expands our differentiated offerings, allowing us to more meaningfully contribute to the sustainability of the nation’s critical power infrastructure and the broader energy transition. We are honored to join forces with Ali Vojdani and the GridBright team. From our first meeting, it was clear that we share common values, cultures, a focus on quality and innovation, a passion to solve the complex challenges facing the power industry, and a commitment to continue to build a best-in-class environment for our people,” Hisham Mahmoud, Qualus Chairman and CEO.
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