M&A Deal Summary

Rhombus Energy Solutions Acquires Energy Development Associates

On March 31, 2015, Rhombus Energy Solutions acquired electrical equipment company Energy Development Associates

Acquisition Highlights
  • This is Rhombus Energy Solutions’ 1st transaction in the Electrical Equipment sector.
  • This is Rhombus Energy Solutions’ 1st transaction in the United States.
  • This is Rhombus Energy Solutions’ 1st transaction in Michigan.

M&A Deal Summary
Date 2015-03-31
Target Energy Development Associates
Sector Electrical Equipment
Buyer(s) Rhombus Energy Solutions
Deal Type Add-on Acquisition

Target

Energy Development Associates

Dearborn, Michigan, United States
Energy Development Associates LLC is a provider in power electronics and engineering solutions.

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Buyer(S) 1

Buyer

Rhombus Energy Solutions

San Diego, California, United States
Category Company
Founded 2012
Sector Electrical Equipment
DESCRIPTION

Rhombus Energy Solutions is a manufacturer of high-efficiency power conversion and energy management systems for energy storage, alternative energy, vehicle charging, micro-grid, and test equipment applications. Rhombus Energy Solutions was formed in 2012 and is based in San Diego, 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 (2015) 1 of 1
Mergr

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