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  6. Phillips & Temro Acquires EVoCharge

M&A Deal Summary

Phillips & Temro Acquires EVoCharge

On March 19, 2019, Phillips & Temro acquired electrical equipment company EVoCharge

Acquisition Highlights
  • This is Phillips & Temro’s 1st transaction in the Electrical Equipment sector.
  • This is Phillips & Temro’s 5th transaction in the United States.
  • This is Phillips & Temro’s 1st transaction in California.

M&A Deal Summary
Date 2019-03-19
Target EVoCharge
Sector Electrical Equipment
Buyer(s) Phillips & Temro
Deal Type Add-on Acquisition

Target

EVoCharge

Los Angeles, California, United States
EVoCharge, Inc. is a North American original electric vehicle (EV) charging infrastructure provider with a focus on cable management solutions and charging station products. EVoCharge develops and manufactures Electric Vehicle Supply Equipment (EVSE) and its EVoReel cable management solutions.

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Buyer(S) 1

Buyer

Phillips & Temro

Eden Prairie, Minnesota, United States
Category Company
Founded 1920
Sector Automotive
DESCRIPTION

Phillips & Temro is a supplier of highly engineered diesel and gasoline engine components with an emerging presence in electric and hybrid electric vehicle platforms. Phillips & Temro was founded in 1920 and is based in Eden Prairie, Minnesota.

DEAL STATS #
Overall 6 of 6
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 6 of 6
State: California M&A 1 of 1
Country: United States M&A 5 of 5
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-17 Wolverine Engine Heaters

Union Gap, Washington, United States

Wolverine Engine Heaters is a provider of heaters for industrial hydraulic systems, commercial and personal vehicles and other markets. Wolverine Engine Heaters was established in 1993 and is based in Union Gap, Washington.

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