M&A Deal Summary

Metadigm Services Acquires Power Engineering Associates

On May 10, 2011, Metadigm Services acquired business services company Power Engineering Associates

Acquisition Highlights
  • This is Metadigm Services’ 1st transaction in the Business Services sector.
  • This is Metadigm Services’ 1st transaction in the United States.
  • This is Metadigm Services’ 1st transaction in Tennessee.

M&A Deal Summary

Date 2011-05-10
Target Power Engineering Associates
Sector Business Services
Buyer(s) Metadigm Services
Deal Type Add-on Acquisition

Target

Power Engineering Associates

Cleveland, Tennessee, United States
Power Engineering Associates, Inc. is an utility consulting firm.

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Buyer(S) 1

Buyer

Metadigm Services

Atlanta, Georgia, United States

Category Company
Sector Electrical Equipment
DESCRIPTION

Metadigm Services, Inc. ("Metadigm") is a provider a broad range of high-value smart asset-related services, ranging from contract meter reading to turnkey "smart" meter installations, for electric, water and gas utilities. Metadigm's solutions are focused on enabling utilities to adopt Advanced Metering Infrastructure (AMI) and reduce costs outsourcing non-core services.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1