M&A Deal Summary

Power Grid Components Acquires Vizimax

On October 3, 2024, Power Grid Components acquired electrical equipment company Vizimax

Acquisition Highlights
  • This is Power Grid Components’ 3rd transaction in the Electrical Equipment sector.
  • This is Power Grid Components’ 1st transaction in Canada.
  • This is Power Grid Components’ 1st transaction in Quebec.

M&A Deal Summary
Date 2024-10-03
Target Vizimax
Sector Electrical Equipment
Buyer(s) Power Grid Components
Deal Type Add-on Acquisition

Target

Vizimax

Longueuil, Quebec, Canada
Vizimax is a provider of innovative solutions to measure, control, and switch high- and medium-voltage electric power systems. Vizimax was formed in 1988 and is headquartered in Longueuil, Quebec.

Search 201,771 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Power Grid Components

Bessemer, Alabama, United States
Category Company
Sector Electrical Equipment
DESCRIPTION

Power Grid Components was formed to acquire companies that supply products used in the North American electric power grid. The company supplies high-quality porcelain, glass, and polymer insulators, as well as instrument transformers for revenue metering and protective relaying to electric utilities, substation manufacturers, and other customers who support the grid. Power Grid Components is based in Bessemer, Alabama.

DEAL STATS #
Overall 3 of 4
Sector (Electrical Equipment) 3 of 4
Type (Add-on Acquisition) 3 of 4
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-13 Royal Switchgear

Bessemer, Alabama, United States

Royal Switchgear manufactures substation and transmission group-operated disconnect switches, substation and distribution hookstick disconnects, and substation power connectors. Royal’s products are used to control, protect and isolate electric current in an electrical system. Royal adds to Power Grid’s existing suite of products that ensures the safety, reliability and efficiency in the broader electric grid.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-17 Elliott Industries

Bossier City, Louisiana, United States

Elliott Industries manufactures high-voltage electrical equipment, serving utilities, industrial and commercial customers, and original equipment manufacturers. The company specializes in switchgear, bushings, insulators, and other critical components for power distribution and transmission systems. Elliott Industries is headquartered in Bossier City, Louisiana.

Buy -
Mergr

Product

Company

Legal