M&A Deal Summary

Curtis Engine & Equipment Acquires Curtis Power Solutions

On July 2, 2020, Curtis Engine & Equipment acquired utilities company Curtis Power Solutions from Western Branch Diesel

Acquisition Highlights
  • This is Curtis Engine & Equipment’s 1st transaction in the Utilities sector.
  • This is Curtis Engine & Equipment’s 1st transaction in the United States.
  • This is Curtis Engine & Equipment’s 1st transaction in Virginia.

M&A Deal Summary
Date 2020-07-02
Target Curtis Power Solutions
Sector Utilities
Buyer(s) Curtis Engine & Equipment
Sellers(s) Western Branch Diesel
Deal Type Divestiture

Target

Curtis Power Solutions

Portsmouth, Virginia, United States
Curtis Power Solutions LLC is a provider of power generation services Portsmouth in Virginia.

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Buyer(S) 1

Buyer

Curtis Engine & Equipment

Baltimore, Maryland, United States
Category Company
Founded 1944
Sector Energy Services and Equipment
DESCRIPTION

Curtis Engine & Equipment Co., Inc. is a provider of diesel and natural gas/LP power generation equipment sales and service for healthcare facilities, educational institutions, government agencies, data centers, and other mission-critical facilities. Curtis Engine & Equipment was founded in 1944 and is based in Baltimore, Maryland.

DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Divestiture) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1

Seller(S) 1

SELLER

Western Branch Diesel

Portsmouth, Virginia, United States
Category Company
Sector Distribution
DESCRIPTION

Western Branch Diesel LLC is a distributor and service provider for Detroit Diesel, MTU, Volvo Penta, and Allison Transmissions. Western Branch Diesel is based in Portsmouth, Virginia.

DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Divestiture) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
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