M&A Deal Summary

Voltaris Acquires Jefferson Electric

On October 30, 2024, Voltaris acquired electrical equipment company Jefferson Electric from Electric Research and Manufacturing Cooperative

Acquisition Highlights
  • This is Voltaris’ 2nd transaction in the Electrical Equipment sector.
  • This is Voltaris’ 2nd transaction in the United States.
  • This is Voltaris’ 1st transaction in Tennessee.

M&A Deal Summary

Date 2024-10-30
Target Jefferson Electric
Sector Electrical Equipment
Buyer(s) Voltaris
Sellers(s) Electric Research and Manufacturing Cooperative
Deal Type Divestiture

Target

Jefferson Electric

Dyersburg, Tennessee, United States
Jefferson Electric is a manufacturer of dry‑type low‑ and medium‑voltage transformers serving industrial, commercial, elevator, and data center markets. Jefferson Electric is based in Dyersburg, Tennessee.

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Buyer(S) 1

Buyer

Voltaris

Goodyear, Arizona, United States

Category Company
Founded 2024
Sector Electrical Equipment
DESCRIPTION

Voltaris is a modern power solutions company. Voltaris was founded in 2024 and is based in Goodyear, Arizona.


DEAL STATS #
Overall 2 of 2
Sector: Electrical Equipment M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: Tennessee M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2024 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-30 Pioneer Custom Electrical Products

Santa Fe Springs , California, United States

Pioneer Custom Electrical Products is an electrical infrastructure business providing energy solutions that allow users to effectively and efficiently protect, control, transfer, monitor and manage their electrical energy usage and requirements. Pioneer Custom Electrical Products is based in Santa Fe Springs, California.

Buy $50M

Seller(S) 1

SELLER

Electric Research and Manufacturing Cooperative

Dyersburg, Tennessee, United States

Category Company
Sector Electrical Equipment
DESCRIPTION

Electric Research and Manufacturing Cooperative, Inc. (ERMCO) is a manufacturer of distribution transformers and transformer components.


DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Tennessee M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-15 Spire Power Solutions

Athens, Georgia, United States

Spire Power Solutions brings together a wide range of transformers and power solutions to serve utility, renewable energy, public power, commercial, and industrial markets across North America. With rapid response times and over 100 years of operations and engineering expertise, Spire delivers a complete range of proven products, services, and support tailored for customers’ success. Spire Power Solutions was formed in 2019 and is based in Athens, Georgia.

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