M&A Deal Summary

Qualus Acquires ADM

On July 16, 2025, Qualus acquired energy services and equipment company ADM

Acquisition Highlights
  • This is Qualus’ 2nd transaction in the Energy Services and Equipment sector.
  • This is Qualus’ 10th transaction in the United States.
  • This is Qualus’ 3rd transaction in California.

M&A Deal Summary

Date 2025-07-16
Target ADM
Sector Energy Services and Equipment
Buyer(s) Qualus
Deal Type Add-on Acquisition

Target

ADM

Sacramento, California, United States
ADM provides advisory, planning, program evaluation, regulatory compliance, energy modeling, data science, and software development services in the areas of energy efficiency, demand response, and emerging technologies. ADM was founded in 1979 and is based in Sacramento, California.

Search 214,107 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Qualus

Cincinnati, Ohio, United States

Category Company
Founded 2018
Sector Energy Services and Equipment
DESCRIPTION

Qualus is a provider of engineering and specialized technical field services to utility and private power grid infrastructure. Qualus was founded in 2018 and is based in Cincinnati, Ohio.


DEAL STATS #
Overall 11 of 14
Sector: Energy Services and Equipment M&A 2 of 4
Type: Add-on Acquisition M&A Deals 8 of 9
State: California M&A 3 of 4
Country: United States M&A 10 of 12
Year: 2025 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-28 PFES

Western Springs, Illinois, United States

PFES is a specialized and differentiated program management and strategic advisory service provider for the power and utility industries. PFES is based in Western Springs, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-08-29 John Wood Group - North American Transmission and Distribution engineering business

Aberdeen, United Kingdom

John Wood Group's North American Transmission and Distribution engineering business provides comprehensive power engineering services in the areas of substations, transmission, distribution, and renewable generation. John Wood Group's North American Transmission and Distribution engineering business is based in Aberdeen, United Kingdom.

Buy -