Carmanah Mergers and Acquisitions Summary

Electrical EquipmentCompany

Carmanah has acquired 6 companies, including 1 in the last 5 years. It has also divested 1 asset.

Carmanah’s largest acquisition to date was in 2015, when it acquired Sabik Group of Companies for $24M. Carmanah has acquired in 2 different US states, and 4 countries. The Company’s most targeted sectors include electrical equipment (84%) and energy services and equipment (17%).

Join Mergr and gain access to Carmanah’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the electrical equipment sector.

M&A Summary

  • M&A Total Activity7
    • M&A Buy Activity6
    • M&A Sell Activity1
  • Total Sectors Invested 2
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 2

Carmanah

Carmanah Technologies Corp.

250 Bay Street,
Victoria, British Columbia V9A 3K5
Canada,
(250) 380-0052
www.carmanah.com

Carmanah designs, develops, and distributes a portfolio of products focused on energy-optimized LED solutions for infrastructure. Since 1996, the company has earned a global reputation for delivering durable, dependable, efficient, and cost-effective solutions for industrial applications that perform in some of the world’s harshest environments. The company manages its business within three reportable segments: Signals, Illumination, and Power. The Signals segment includes serves the Airfield Ground Lighting, Aviation Obstruction, Offshore Wind (link is external), Marine (link is external), and Traffic markets. The Illumination (link is external) segment provides solar-powered LED outdoor lights for municipal and commercial customers. The Power segment serves both On-Grid and Off-Grid verticals. Carmanah was founded in 1996 and is based in Victoria, Canada.


M&A Summary

Buy vs Sell

Year ≤ '16 '17 '18 '19 '20 '21 T
Buy (0.0/yr) # 6 - - - - - 6
vol $36M $36M
Sell (0.2/yr) # - - - - 1 - 1
  7

Most Recent M&A

Company Date Value Type
SOL, Inc. 2020-03-19 - Divestiture
Pompano Beach, Florida · www.solarlighting.com
Cybernetica - EKTA Branded Products 2016-11-29 2M EUR Divestiture
, Estonia
Sabik Group of Companies 2015-06-10 24M EUR Add-on Acquisition
Porvoo, Finland · www.sabik.com
SOL, Inc. 2014-05-26 - Add-on Acquisition
Pompano Beach, Florida · www.solarlighting.com
Spot Devices, Inc. 2013-01-07 - Add-on Acquisition
Sparks, Nevada
Soltek Powersource Ltd. 2005-05-25 10M USD Add-on Acquisition
Victoria, British Columbia
AVVA Technologies, Inc. 2003-06-24 - Add-on Acquisition
, Ontario
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Electrical Equipment 5 (83%) 26M (72%) 1 (100%) -
Energy Services and Equipment 1 (17%) 10M (28%) - -
Total 6 $36M 1 -

By Geo

State/Country Buy Value Sell Value
United States 2 - 1 -
  Florida 1 - 1 -
  Nevada 1 - - -
Canada 2 10M - -
  Ontario 1 - - -
  British Columbia 1 10M - -
Estonia 1 2M - -
Finland 1 24M - -
Domestic 2 (33%) 10M (28%) - -
Cross-border 4 (67%) 26M (72%) 1 (100%) -
Total 6 $36M 1 -

Deal Values

buy # Total
< $100M 3 $36M
TOTAL $36M
Largest Sabik Group of Companies
$24M (2015-06-10)

M&A Connections

Deals
Acquired from
Strategic(s)
17%
1 (17%)
Divested to
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Electrical Equipment

Revenue

31   15% 2018
27   44% 2017
48   12% 2016
43   2015
(millions of CAD) Show More Show Less

Established

1996

 Subscribe to unlock this and 171,411
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.2K Private Equity Firms
  • 161K M&A Transactions
  • 167K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.4K M&A Advisors
    (Investment Banks and Law Firms)
  • 59K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Carmanah

British Columbia Companies , Electrical Equipment Companies , Canada Companies , British Columbia Electrical Equipment Companies , British Columbia Electrical Equipment with Acquisitions

Related Lists for British Columbia Companies

Largest British Columbia Companies , Acquisitive British Columbia Companies , Recently Acquired British Columbia Companies , Recently Sold British Columbia Companies , Private British Columbia Companies , Public British Columbia Companies , Acquired British Columbia Companies , PE Backed British Columbia Companies

Related Lists for Electrical Equipment Companies

Largest Electrical Equipment Companies , Acquisitive Electrical Equipment Companies , Recently Acquired Electrical Equipment Companies , Recently Sold Electrical Equipment Companies , Private Electrical Equipment Companies , Public Electrical Equipment Companies , Acquired Electrical Equipment Companies , PE Backed Electrical Equipment Companies

Related Lists for Canada Companies

Largest Canada Companies , Acquisitive Canada Companies , Recently Acquired Canada Companies , Recently Sold Canada Companies , Private Canada Companies , Public Canada Companies , Acquired Canada Companies , PE Backed Canada Companies
Mergr

Product

Company

Legal