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Announced

Completed

American Pacific Group completed the acquisition of Spark Power for $140m.

Financials

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Transaction Value£114m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium68%
One Off Charge-

Tags

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Acquisition

Public

Friendly

Mechanical and Electrical Maintenance

Single Bidder

Canada

electrical services

Cross Border

Majority

Private Equity

Completed

Synopsis

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American Pacific Group, a San Francisco Bay Area-based private equity firm, completed the acquisition of Spark Power, an end-to-end electrical services provider, for $140m. “We want to thank our employees, customers, and vendors, for their support in helping to build and shape Spark Power into the industry-leading organization it is today. Going forward, we are excited to be partnering with APG to execute our next chapter of growth. APG’s invaluable experience and support will help accelerate our ability to scale and better serve our key markets,” Richard Jackson, Spark Power CEO.

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