M&A Deal Summary

Priority Power Acquires AB Power Advisors

On October 18, 2022, Priority Power acquired business services company AB Power Advisors

Acquisition Highlights
  • This is Priority Power’s 3rd transaction in the Business Services sector.
  • This is Priority Power’s 5th transaction in the United States.
  • This is Priority Power’s 3rd transaction in Texas.

M&A Deal Summary

Date 2022-10-18
Target AB Power Advisors
Sector Business Services
Buyer(s) Priority Power
Deal Type Add-on Acquisition

Target

AB Power Advisors

Austin, Texas, United States
AB Power Advisors is a premier advisory services firm that specializes in delivering customized solutions to the U.S. Power industry. AB Power Advisors is based in Austin, Texas.

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Buyer(S) 1

Buyer

Priority Power

Arlington, Texas, United States

Category Company
Founded 2001
Sector Business Services
DESCRIPTION

Priority Power is an independent energy management and consulting services firm to large commercial and industrial customers. PPM develops and implement strategies that mitigate risk and overcome ?hallenges associated with managing energy data, supply, demand and delivery infrastructure. Priority Power was founded in 2001 and is based in Arlington, Texas.


DEAL STATS #
Overall 5 of 5
Sector: Business Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 4 of 4
State: Texas M&A 3 of 3
Country: United States M&A 5 of 5
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-23 Affordable Gas & Electric Co. - Energy Procurement and Solar Development Business

Mt Vernon, Illinois, United States

Affordable Gas & Electric Co.'s Energy Procurement and Solar Development Business provides energy procurement, consulting, and solar development services to hundreds of municipalities, Chambers of Commerce, businesses and industrial clients throughout Illinois and Ohio.

Buy -