M&A Deal Summary

Electric Research and Manufacturing Cooperative Acquires GridBridge

On June 19, 2017, Electric Research and Manufacturing Cooperative acquired electrical equipment company GridBridge

Acquisition Highlights
  • This is Electric Research and Manufacturing Cooperative’s 1st transaction in the Electrical Equipment sector.
  • This is Electric Research and Manufacturing Cooperative’s 1st transaction in the United States.
  • This is Electric Research and Manufacturing Cooperative’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2017-06-19
Target GridBridge
Sector Electrical Equipment
Buyer(s) Electric Research and Manufacturing Cooperative
Deal Type Add-on Acquisition

Target

GridBridge

Raleigh, North Carolina, United States
GridBridge Corp. is a power delivery system company which provides a platform-based products give customers unprecedented electric power delivery versatility and dependability. GridBridge was founded in 2012 and is based in Raleigh, North Carolina.

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Buyer(S) 1

Buyer

Electric Research and Manufacturing Cooperative

Dyersburg, Tennessee, United States

Category Company
Sector Electrical Equipment
DESCRIPTION

Electric Research and Manufacturing Cooperative, Inc. (ERMCO) is a manufacturer of distribution transformers and transformer components.


DEAL STATS #
Overall 1 of 2
Sector (Electrical Equipment) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (North Carolina) 1 of 1
Country (United States) 1 of 2
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-15 Spire Power Solutions

Athens, Georgia, United States

Spire Power Solutions brings together a wide range of transformers and power solutions to serve utility, renewable energy, public power, commercial, and industrial markets across North America. With rapid response times and over 100 years of operations and engineering expertise, Spire delivers a complete range of proven products, services, and support tailored for customers’ success. Spire Power Solutions was formed in 2019 and is based in Athens, Georgia.

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