M&A Deal Summary

H/Cell Energy Acquires PVBJ

On February 5, 2018, H/Cell Energy acquired business services company PVBJ

Acquisition Highlights
  • This is H/Cell Energy’s 1st transaction in the Business Services sector.
  • This is H/Cell Energy’s 1st transaction in the United States.
  • This is H/Cell Energy’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2018-02-05
Target PVBJ
Sector Business Services
Buyer(s) H/Cell Energy
Deal Type Add-on Acquisition

Target

PVBJ

Downingtown, Pennsylvania, United States
PVBJ, Inc. is a designer, installer, maintenance and emergency service of environmental systems both in residential and commercial markets. PVBJ was founded in 2008 and is based in Downingtown, Pennsylvania.

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Buyer(S) 1

Buyer

H/Cell Energy

Flemington, New Jersey, United States

Category Company
Sector Energy Services and Equipment
DESCRIPTION

H/Cell Energy Corp. is a systems integrator that focuses on the implementation requirements of clean energy solutions including solar, battery technology and hydrogen energy systems.


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-31 The Pride Group Pty

Woombye, Australia

The Pride Group Pty Ltd. is a provider of an electronic security services provider who specialises in the commercial market focusing on delivering quality installations, contract maintenance solutions and customer priority care.

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