M&A Deal Summary

PowerSphyr Acquires Gill Electronics

On October 4, 2017, PowerSphyr acquired electrical equipment company Gill Electronics

Acquisition Highlights
  • This is PowerSphyr’s 1st transaction in the Electrical Equipment sector.
  • This is PowerSphyr’s 1st transaction in the United States.
  • This is PowerSphyr’s 1st transaction in Michigan.

M&A Deal Summary
Date 2017-10-04
Target Gill Electronics
Sector Electrical Equipment
Buyer(s) PowerSphyr
Deal Type Add-on Acquisition

Target

Gill Electronics

Grand Rapids, Michigan, United States
Gill Electronics is a manufacturer of resonant magnetic systems to have deployed both AirFuel™ and FCC-approved products into the commercial infrastructure market. Gill Electronics was founded in 2012 and is based in Grand Rapids, Michigan.

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Buyer(S) 1

Buyer

PowerSphyr

Danville, California, United States
Category Company
Sector Electrical Equipment
DESCRIPTION

PowerSphyr, Inc. is a provider of wireless power transfer with its first-to-market, multi-mode technology. PowerSphyr offers consumer products, as well as turnkey solutions to OEM device manufacturers. PowerSphyr is based in Danville, California.

DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
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