M&A Deal Summary

Tecogen Acquires American DG Energy

On November 2, 2016, Tecogen acquired utilities company American DG Energy

Acquisition Highlights
  • This is Tecogen’s 1st transaction in the Utilities sector.
  • This is Tecogen’s 4th transaction in the United States.
  • This is Tecogen’s 3rd transaction in Massachusetts.

M&A Deal Summary
Date 2016-11-02
Target American DG Energy
Sector Utilities
Buyer(s) Tecogen
Deal Type Add-on Acquisition
Advisor(s) Cassel Salpeter & Co. (Financial)

Target

American DG Energy

Waltham, Massachusetts, United States
website
American DG Energy, Inc. is a provider of low-cost energy to its customers through distributed power generating systems.

Search 192,907 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Tecogen

Waltham, Massachusetts, United States

website

Category Company
Founded 2000
Sector Electrical Equipment
Employees79
Revenue 24M USD (2021)
DESCRIPTION

Tecogen is a desinger, manufacturer and marketer of ultra-clean, cogeneration products including natural gas engine-driven combined heat and power, air conditioning systems, and high-efficiency water heaters for residential, commercial, recreational and industrial use. Tecogen was founded in 2000 and is based in Waltham, Massachusetts.

DEAL STATS #
Overall 4 of 4
Sector (Utilities) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Massachusetts) 3 of 3
Country (United States) 4 of 4
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-12 Ilios Dynamics

Waltham, Massachusetts, United States

Ilios Dynamics, Inc. is a developer and distributor line of ultra high-efficiency heating products for commercial and industrial applications utilizing advanced thermodynamic principles.

Buy -
Mergr

Product

Company

Legal