M&A Deal Summary

Mission Critical Electronics Acquires Purkeys Fleet Electric

On November 6, 2019, Mission Critical Electronics acquired electrical equipment company Purkeys Fleet Electric

Acquisition Highlights
  • This is Mission Critical Electronics’ 2nd transaction in the Electrical Equipment sector.
  • This is Mission Critical Electronics’ 3rd transaction in the United States.
  • This is Mission Critical Electronics’ 1st transaction in Arkansas.

M&A Deal Summary
Date 2019-11-06
Target Purkeys Fleet Electric
Sector Electrical Equipment
Buyer(s) Mission Critical Electronics
Deal Type Add-on Acquisition

Target

Purkeys Fleet Electric

Lowell, Arkansas, United States
Purkeys Fleet Electric is a provider of electric power solutions to truck fleets, liftgate manufacturers, trailer manufacturers, truck dealers, and truck original equipment manufacturers. Purkeys Fleet Electric was founded in 1990 and is based in Lowell, Arkansas.

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Buyer(S) 1

Buyer

Mission Critical Electronics

Dallas, Texas, United States
Category Company
Sector Electrical Equipment
DESCRIPTION

Mission Critical Electronics is a niche-oriented manufacturer of power conversion, battery charging and battery products operating under the leading brands Kussmaul Electronics, Newmar Power, ASEA Power Systems, Power Products, and American Battery Charging. The Company focuses on critical system applications in specialty vehicle, public safety, and industrial/marine applications where durability, reliability, and performance are essential to deliver immediately accessible power. MCE’s solutions address application-specific requirements for 4,000 customers across 2,000+ branded SKUs. MCE is based in Dallas, Texas.

DEAL STATS #
Overall 4 of 5
Sector (Electrical Equipment) 2 of 2
Type (Add-on Acquisition) 3 of 4
State (Arkansas) 1 of 1
Country (United States) 3 of 4
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-30 Xantrex Technology

Burnaby, British Columbia, Canada

Xantrex Technology, Inc. is a supplier of advanced power electronics and controls for the commercial, recreational, and residential markets. The Xantrex brand, is one of the most successful and popular brands of onboard AC power technology. Xantrex products are used in a variety of applications in the RV, marine, military, construction, EMS, bus, work service vehicle and commercial truck markets. Xantrex ensures its products are put through extensive reliability testing and certifies its products to comply with various regulatory standards to meet or exceed the applicable requirements for safety, quality, efficiency and environment. With more than three decades of design, engineering and manufacturing experience, Xantrex power solutions offer an enviable mix of advanced technology and unmatched bankability.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-15 ZeroRPM

Cullman, Alabama, United States

ZeroRPM is a provider of an anti-idling technology and offers advanced energy storage and hybrid solutions that convert conventional vehicles into cost-efficient hybrid units. ZeroRPM is based in Cullman, Alabama.

Buy -
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