M&A Deal Summary

Technipower Systems Acquires Technipower

On August 17, 2006, Technipower Systems acquired electrical equipment company Technipower for 3M USD

Acquisition Highlights
  • This is Technipower Systems’ 2nd transaction in the Electrical Equipment sector.
  • This is Technipower Systems’ 2nd largest (disclosed) transaction.
  • This is Technipower Systems’ 2nd transaction in the United States.
  • This is Technipower Systems’ 1st transaction in Connecticut.

M&A Deal Summary

Date 2006-08-17
Target Technipower
Sector Electrical Equipment
Buyer(s) Technipower Systems
Deal Type Add-on Acquisition
Deal Value 3M USD

Target

Technipower

Danbury, Connecticut, United States
Technipower LLC is a manufacturer of power supplies and related equipment for the defense, aerospace and commercial sectors.

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Buyer(S) 1

Buyer

Technipower Systems

Danbury, Connecticut, United States

Category Company
Founded 1992
Sector Electrical Equipment
Employees135
DESCRIPTION

Technipower Systems is a developer and manufacturer of electric requirements. Technipower Systems was founded in 1992 and is based in Danbury, Connecticut.


DEAL STATS #
Overall 2 of 2
Sector: Electrical Equipment M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Connecticut M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2006 M&A 2 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-08 Power Solutions

Long Island, New York, United States

Power Solutions, Inc. is a manufacturer of high volume direct current power supplies and power supply systems and components for the medical, telecommunications and commercial sectors.

Buy $5M