M&A Deal Summary

EnerSys Acquires IBCS

On April 6, 2023, EnerSys acquired electrical equipment company IBCS

Acquisition Highlights
  • This is EnerSys’ 18th transaction in the Electrical Equipment sector.
  • This is EnerSys’ 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2023-04-06
Target IBCS
Sector Electrical Equipment
Buyer(s) EnerSys
Deal Type Add-on Acquisition

Target

IBCS

South Yorkshire, United Kingdom
IBCS is a provider of battery service and maintenance solutions in the UK. With a focus on quality, safety, and customer service, IBCS helps businesses maximize the performance and lifespan of their battery systems. IBCS was founded in 1984 and is based in South Yorkshire, United Kingdom.

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Buyer(S) 1

Buyer

EnerSys

Reading, Pennsylvania, United States

Category Company
Founded 2000
Sector Electrical Equipment
Employees10,797
Revenue 3.6B USD (2024)
DESCRIPTION

EnerSys is a provider of stored energy solutions for industrial applications, manufactures and distributes reserve power and motive power batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosure solutions to customers worldwide. EnerSys was founded in 2000 and is based in Reading, Pennsylvania.


DEAL STATS #
Overall 20 of 21
Sector: Electrical Equipment M&A 18 of 19
Type: Add-on Acquisition M&A Deals 12 of 13
Country: United Kingdom M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-20 Northstar Sitetel

Stockholm, Sweden

Northstar Sitetel has rapidly become one of the leading global producers of high performance, lead-acid batteries and has developed a strong telecom OEM offering of standby power systems through its SiteTel division.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-02 Bren-Tronics

Commack, New York, United States

Bren-Tronics is designing and manufacturing portable power solutions for warfighter. Bren-Tronics design and production of military rechargeable batteries, chargers, and power systems. Bren-Tronics was founded in 1973 and is based in Commack, New York.

Buy $208M