M&A Deal Summary

Maxima Power Group Acquires Magna IV Engineering

On June 7, 2021, Maxima Power Group acquired utilities company Magna IV Engineering

Acquisition Highlights
  • This is Maxima Power Group’s 1st transaction in the Utilities sector.
  • This is Maxima Power Group’s 1st transaction in Canada.
  • This is Maxima Power Group’s 1st transaction in Alberta.

M&A Deal Summary

Date 2021-06-07
Target Magna IV Engineering
Sector Utilities
Buyer(s) Maxima Power Group
Deal Type Merger

Target

Magna IV Engineering

Edmonton, Alberta, Canada
Magna IV Engineering is a power & automation solutions provider, focusing on electrical engineering and technical field services. Magna IV Engineering design, commission, maintain, and repair power and control systems anywhere electricity is deployed. Magna IV Engineering was founded in 1982 and is based in Edmonton, Alberta.

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Buyer(S) 1

Buyer

Maxima Power Group

Denver, Colorado, United States

Category Company
Sector Utilities
DESCRIPTION

Maxima Power Group is a comprehensive power, energy, and automation solutions provider, specializing in large power electrical maintenance, repair, and engineering services. Maxima Power Group is based in Denver, Colorado.


DEAL STATS #
Overall 2 of 2
Sector: Utilities M&A 1 of 1
Type: Merger M&A Deals 2 of 2
State: Alberta M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-07 Power Solutions Group

Tipp City, Ohio, United States

Power Solutions Group is a NETA-accredited power & automation solutions provider, focused on timely innovative solutions to create safe high-powered electrical systems. Power Solutions specializes in detecting, preventing, troubleshooting, and solving a wide variety of power distribution issues in the industrial world through testing, new technology, and custom switchgear fabrication. Power Solutions Group was founded in 2006 and based in Tipp City, Ohio.

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