Electrical EquipmentCompany
Trans-Elect Development Ownership
Who owns Trans-Elect Development?
Trans-Elect Development is owned by ITC Holdings, The AES and TransAlta. It was acquired on May 12, 2006.
Was Trans-Elect Development formerly PE-backed?
Yes. Trans-Elect Development was formerly owned by 2 private investors.
Trans-Elect Development Business Overview
Where is Trans-Elect Development headquartered?
Trans-Elect Development is headquartered in Reston, Vermont.
What sector is Trans-Elect Development in?
Trans-Elect Development is an electrical equipment company.
When was Trans-Elect Development founded?
Trans-Elect Development was founded in 1999.
Electrical Equipment M&A Summary in 2006
Out of 60 sectors in the Mergr database, electrical equipment ranked 20 in number of deals in 2006. The largest electrical equipment acquisition in 2006 was Trans-Elect Development - which was acquired by ITC Holdings for $866M.
Join Mergr to view all 91 acquisitions of electrical equipment companies in 2006, including 29 acquisitions by private equity firms, and 62 by strategics.