M&A Deal Summary

Generac Acquires Mean Green Products

On September 1, 2020, Generac acquired electrical equipment company Mean Green Products

Acquisition Highlights
  • This is Generac’s 9th transaction in the Electrical Equipment sector.
  • This is Generac’s 9th transaction in the United States.
  • This is Generac’s 1st transaction in Ohio.

M&A Deal Summary
Date 2020-09-01
Target Mean Green Products
Sector Electrical Equipment
Buyer(s) Generac
Deal Type Add-on Acquisition

Target

Mean Green Products

Hamilton, Ohio, United States
Mean Green Products is a designer and manufacturer of an innovative commercial line of zero-turn and walk-behind, battery-powered turf care products that provide quiet, zero emissions, and minimal maintenance options as compared to traditional commercial mowers. Mean Green Products is based in Hamilton, Ohio.

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Buyer(S) 1

Buyer

Generac

Waukesha, Wisconsin, United States
Category Company
Founded 1959
Sector Machinery
Employees8,315
Revenue 4.0B USD (2023)
DESCRIPTION
Generac Holdings' corporate headquarters in Waukesha, Wisconsin.
Generac Holdings' corporate headquarters in Waukesha, Wisconsin.

Generac is a designer and manufacturer of a range of generators and other engine powered products. Generac was established in 1959 and is based in Waukesha, Wisconsin.

DEAL STATS #
Overall 16 of 25
Sector (Electrical Equipment) 9 of 11
Type (Add-on Acquisition) 14 of 20
State (Ohio) 1 of 1
Country (United States) 9 of 15
Year (2020) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-29 Pika Energy

South Portland, Maine, United States

Pika Energy is a manufacturer of clean energy products including solar inverters, DC converters, and smart batteries. Pika Energy products enable homeowners and businesses to collect, store, and self-consume energy from clean sources in a cost-effective, efficient, and user-friendly way. Pika Energy was founded in 2010 and is based in South Portland, Maine.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-05 Enbala

Denver, Colorado, United States

Enbala is a provider of distributed energy optimization and control software needed to ensure the operational stability of the world’s power grids. Its Enbala Concerto™ platform is being used by utilities and energy retailers around the world to leverage the power of distributed energy resources (DERs) to respond to the real-time energy balancing needs of power systems and energy markets. Enbala was founded in 2003 and is based in Denver, Colorado.

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Mergr

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