M&A Deal Summary

Myers EPS Acquires Storage Power Solutions

On January 17, 2024, Myers EPS acquired energy services and equipment company Storage Power Solutions

Acquisition Highlights
  • This is Myers EPS’s 1st transaction in the Energy Services and Equipment sector.
  • This is Myers EPS’s 1st transaction in Canada.
  • This is Myers EPS’s 1st transaction in Ontario.

M&A Deal Summary
Date 2024-01-17
Target Storage Power Solutions
Sector Energy Services and Equipment
Buyer(s) Myers EPS
Deal Type Add-on Acquisition

Target

Storage Power Solutions

Whitby, Ontario, Canada
Storage Power Solutions is a provider of battery energy storage systems (BESS), with proprietary, scalable technology serving the commercial and industrial, utility, and EPC end markets. Storage Power Solutions is based in Whitby, Ontario.

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Buyer(S) 1

Buyer

Myers EPS

Bethlehem, Pennsylvania, United States
Category Company
Sector Electrical Equipment
DESCRIPTION

Myers EPS is a designer and manufacturer of backup power solutions for emergency lighting and uninterrupted power supply systems for the cable, traffic, and rail end markets. Myers EPS products include centralized and mini inverters, which supply power to critical end markets during an outage. Myers EPS is based in Bethlehem, Pennsylvania.

DEAL STATS #
Overall 2 of 2
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-26 Low Voltage Systems - Business

San Leandro, California, United States

Low Voltage Systems, Inc.'s Business is a manufacturer of commercial lighting solutions.

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