M&A Deal Summary |
|
|---|---|
| Date | 2009-12-16 |
| Target | PowerComm - Canadian Business |
| Sector | Business Services |
| Buyer(s) | Powell Industries |
| Sellers(s) | PetroCorp Group |
| Deal Type | Divestiture |
| Deal Value | 34M USD |
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| Category | Company |
|---|---|
| Founded | 1947 |
| Sector | Machinery |
| Employees | 1,997 |
| Revenue | 533M USD (2022) |
Powell Industries designs, manufactures and services equipment and systems for the management and control of electrical energy and other critical processes. Powell provides products and services to the transportation, environmental, industrial and utility industries. Powell Industries was founded in 1947 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 4 |
| Sector (Business Services) | 1 of 1 |
| Type (Divestiture) | 3 of 3 |
| Country () | 1 of 1 |
| Year (2009) | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-08-07 |
GE Medium-Voltage ANSI Switchgear Product Line
Houston, Texas, United States GE Medium-Voltage ANSI Switchgear Product Line based in Houston, US. |
Buy | $32M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-10-18 |
ThermaBrite Technologies
Vancourver, British Columbia, Canada ThermaBrite Technologies, Inc. provides a patent-pending technology for real-time optical fiber based thermal sensors that have application for monitoring of hot spots in electrical power equipment systems. These hot spots typically develop at bus joints and other power connection points and can eventually cause failures, such as insulation breakdown and arc-flash. |
Buy | - |
PetroCorp Group, Inc. has a manufacturing operation that produces custom-built equipment for use in industrial and commercial facilities, including medium voltage switchgear and motor control centers and other related electrical power equipment. PetroCorp was formed in 1993 and is based in Calgary, Alberta.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Business Services) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country () | 1 of 1 |
| Year (2009) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
