M&A Deal Summary

Solectria Renewables Acquires New Power Labs

On March 20, 2012, Solectria Renewables acquired electrical equipment company New Power Labs

Acquisition Highlights
  • This is Solectria Renewables’ 1st transaction in the Electrical Equipment sector.
  • This is Solectria Renewables’ 1st transaction in the United States.
  • This is Solectria Renewables’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2012-03-20
Target New Power Labs
Sector Electrical Equipment
Buyer(s) Solectria Renewables
Deal Type Add-on Acquisition

Target

New Power Labs

Fall River, Massachusetts, United States
website
New Power Labs engages in development and design of monitoring products for commercial and utility-scale photovoltaic (PV) arrays.

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Buyer(S) 1

Buyer

Solectria Renewables

Lawrence, Massachusetts, United States

website


Category Company
Founded 2005
Sector Electrical Equipment
DESCRIPTION

Solectria Renewables LLC manufactures photovoltaic (PV) inverters, string combiners, and Web-based monitoring systems.


DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2012) 1 of 1