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M&A Deal Summary

Qualus Acquires EnKompass

On February 7, 2024, Qualus acquired electrical equipment company EnKompass

Acquisition Highlights
  • This is Qualus’ 1st transaction in the Electrical Equipment sector.
  • This is Qualus’ 1st transaction in Canada.
  • This is Qualus’ 1st transaction in Ontario.

M&A Deal Summary
Date 2024-02-07
Target EnKompass
Sector Electrical Equipment
Buyer(s) Qualus
Deal Type Add-on Acquisition

Target

EnKompass

Bolton, Ontario, Canada
EnKompass is an electrical engineering and technical services firm that provides studies, power systems engineering, retrofit, commissioning, and specialized field services. Enkompass serves clients across a broad range of sectors in Canada, including data centers, telecommunications, health, pharmaceutical, industrial, commercial, and government. EnKompass was founded in 2009 and is based in Bolton, Ontario.

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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 7 of 14
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 9
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2024 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-09 GridBright

Alamo, California, United States

GridBright specializes in secure and sustainable grid technology that provides comprehensive utility control room solutions, renewable and storage interconnection solutions, cyber secure systems integration, and related advisory services. GridBright is based in Alamo, California.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-17 Asset Engineering

Ridgeland, Mississippi, United States

Asset Engineering is a power system engineering firm, serving utilities, electric cooperatives, industrial clients, and renewable and energy storage developers, with specialized design and project management services. Asset Engineering was founded in 2000 and is based in Ridgeland, Mississippi.

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