M&A Deal Summary

ESCO Technologies Acquires Phenix Technologies

On August 9, 2021, ESCO Technologies acquired electrical equipment company Phenix Technologies

Acquisition Highlights
  • This is ESCO Technologies’ 1st transaction in the Electrical Equipment sector.
  • This is ESCO Technologies’ 11th transaction in the United States.
  • This is ESCO Technologies’ 1st transaction in Maryland.

M&A Deal Summary
Date 2021-08-09
Target Phenix Technologies
Sector Electrical Equipment
Buyer(s) ESCO Technologies
Deal Type Add-on Acquisition

Target

Phenix Technologies

Accident, Maryland, United States
Phenix Technologies is a designer and manufacturer of stationary and portable high voltage, high current, high power test systems and components and solutions supporting the electric industry, high voltage test laboratories, and field service organizations worldwide. Phenix Technologies was formed in 1989 and is based in Accident, Maryland.

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Buyer(S) 1

Buyer

ESCO Technologies

St. Louis, Missouri, United States
Category Company
Founded 1990
Sector Test/Measurement Equipment
Employees2,894
Revenue 956M USD (2023)
DESCRIPTION

ESCO Technologies is a proven supplier of special purpose utility solutions for electric, gas and water utilities, including hardware and software to support advanced metering applications and fully automated intelligent instrumentation. In addition, the Company provides engineered filtration products to the aviation, space, and process markets worldwide. ESCO Technologies was founded in 1990 and is Headquartered in St. Louis, Missouri.

DEAL STATS #
Overall 17 of 17
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 16 of 16
State (Maryland) 1 of 1
Country (United States) 11 of 11
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-20 Altanova Group

Taino, Italy

Altanova Group is a provider of advanced condition assessment technologies centered around partial discharge (PD) measurement and analysis, as well as test instruments for electrical apparatus. Altanova offers a wide range of diagnostic products, monitoring systems, and services for electrical assets related to power generation, transmission and distribution networks, renewable energy and storage, and process industries, worldwide. Altanova Group was founded in 1938 and is based in Taino, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-15 Xtensible

Orlando, Florida, United States

Xtensible is a provider of semantic-based information management and integration solutions to the utility industry worldwide. Xtensible was founded in 2003 and is based in Orlando, Florida.

Sell -
Mergr

Product

Company

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