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.

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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 3
Sector (Electrical Equipment) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2024) 1 of 1
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.

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