Buyout (LBO, MBO, MBI) • Electrical Equipment

I Squared Capital Acquires Polaris Smart Metering

On February 8, 2023, infrastructure investor I Squared Capital acquired electrical equipment company Polaris Smart Metering

Acquisition Context
  • This is I Squared Capital’s 1st transaction in the Electrical Equipment sector.
  • This is I Squared Capital’s 5th transaction in India.

Explore All 475 Buyout (LBO, MBO, MBI) Electrical Equipment Deals - Search the Database Free


M&A Deal Summary

Date February 8, 2023
Target Polaris Smart Metering
Sector Electrical Equipment
Buyer(s) I Squared Capital
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Polaris Smart Metering

Jaipur, India
Polaris Smart Metering uses smart grid technology to enable rural and urban consumers to get access to reliable and clean energy in Asia. Polaris Smart Metering is based in Jaipur, Rajasthan.
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Buyer Overview 1

DESCRIPTION

I Squared Capital is a global infrastructure investment manager focusing on energy, utilities, and transportation assets in North America, Europe, and select high growth economies. I Squared Capital was established in 2012 and is headquartered in New York City.


Deal Context for Buyer #
Overall 39 of 54
Sector: Electrical Equipment 1 of 1
Type: Buyout (LBO, MBO, MBI) 16 of 20
Country: India 5 of 5
Year: 2023 3 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-08 nLighten

Schiphol-Rijk, Netherlands

nLighten is a digital infrastructure platform developing innovative edge data centers distributed across European key economic hubs to provide best-in-class network access to regional, national and global enterprises, private users and the mobile workforce. nLighten was founded in 2021 and is based in Schiphol-Rijk, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-16 Whistler Pipeline

United States

Whistler Pipeline is an core energy infrastructure system connecting the Permian Basin’s growing natural gas supply to LNG, Mexico, and Gulf Coast demand. Whistler Pipeline is based in United States.

Buy -