M&A Deal Summary |
|
|---|---|
| Date | 2019-10-15 |
| Target | Quantum Fuel Systems Technologies Worldwide - Electrification Division |
| Sector | Automotive |
| Buyer(s) | XL Fleet |
| Sellers(s) | Quantum Fuel Systems |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2009 |
| Sector | Automotive |
| Employees | 59 |
| Revenue | 20M USD (2020) |
XL Fleet engages in vehicle electrification solutions for commercial and municipal fleets in North America, relied on by customers such as The Coca-Cola Company, Verizon, Yale University, and the City of Boston. With its fleet-ready XLH hybrid electric drive system and the XLP plug-in hybrid electric drive system, Class 2 to 6 commercial and municipal customers can increase fuel economy by up to 25-50 percent and reduce carbon dioxide emissions by up to 20-33 percent, decreasing operating costs and meeting sustainability goals with no impact on fleet operations. XL Fleet was founded in 2009 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 3 |
| Sector: Automotive M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 3 |
| Year: 2019 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-17 |
World Energy Efficiency Services
Worcester, Massachusetts, United States World Energy Efficiency Services operates throughout New England and within over 16 different efficiency, electric vehicle charging station, and commercial solar programs. With the addition of their electric vehicle charging station and commercial solar offerings, World Energy Efficiency Services provides the most comprehensive energy solution packages in the industry. World Energy Efficiency Services was founded in 2015 and is based in Worcester, Massachusetts. |
Buy | $16M |
| Category | Company |
|---|---|
| Founded | 2000 |
| Sector | Business Services |
| Revenue | 34M USD (2014) |
Quantum Fuel Systems LLC is engineering the future of CNG storage by designing, developing, and bringing innovative gas transport trailers and heavy-duty truck fuel storage systems to the market. The company is at the forefront of the industry with decades of experience in gaseous fuel storage and systems solutions. Quantum Fuel Systems Technologies Worldwide was founded in 2000 and is based in Lake Forest, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Automotive M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2019 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-04-20 |
Schneider Power
Toronto, Ontario, Canada Schneider Power is an emerging player in the wind power industry in Canada, with developments underway in Manitoba, Ontario and Nova Scotia. Schneider?s signature project is a wind development in Providence Bay on Manitoulin Island, which began producing power in 2007. Another notable project is a proposed development for Goodwins Island, Nova Scotia, home to some of the strongest sustained windspeeds in Canada. Schneider is supported by an active partnership with Juwi Group, a leading German wind power developer. |
Buy | - |
