Add-on Acquisition • Electrical Equipment

Sparkstone Electrical Group Acquires IER

On January 23, 2023, Sparkstone Electrical Group acquired electrical equipment company IER

Acquisition Context

This is Sparkstone Electrical Group’s 1st transaction in the Electrical Equipment sector.
This is Sparkstone Electrical Group’s 1st transaction in the United States.
This is Sparkstone Electrical Group’s 1st transaction in Texas.

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M&A Deal Summary
Date	January 23, 2023
Target	IER
Sector	Electrical Equipment
Buyer(s)	Sparkstone Electrical Group
Deal Type	Add-on Acquisition

Target Company

IER

Humble, Texas, United States

IER partners with electrical distributors and manufacturers to offer quick solutions to power distribution and motor control needs. IER’s specialties is the ability to create non-standard and/or custom packaged solutions. IER is based in Humble, Texas.

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Buyer Overview 1

Buyer

Sparkstone Electrical Group

Addison, Illinois, United States

Category	Company
Founded	1936
Sector	Electrical Equipment

DESCRIPTION

Sparkstone Electrical Group is a manufacturer of custom?engineered electrical power distribution equipment, including switchgear, switchboards and panelboards. Sparkstone Electrical Group was founded in 1936 and is based in Addison, Illinois.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Electrical Equipment	1 of 1
Type: Add-on Acquisition	1 of 1
State: Texas	1 of 1
Country: United States	1 of 1
Year: 2023	1 of 1

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