M&A Deal Summary

ZincFive Acquires PowerGenix

On November 17, 2016, ZincFive acquired electrical equipment company PowerGenix for 65M USD

Acquisition Highlights
  • This is ZincFive’s 1st transaction in the Electrical Equipment sector.
  • This is ZincFive’s largest (disclosed) transaction.
  • This is ZincFive’s 1st transaction in the United States.
  • This is ZincFive’s 1st transaction in California.

M&A Deal Summary
Date 2016-11-17
Target PowerGenix
Sector Electrical Equipment
Buyer(s) ZincFive
Deal Type Add-on Acquisition
Deal Value 65M USD

Target

PowerGenix

San Diego, California, United States
PowerGenix Corp. develops and manufactures a patented, nickel-zinc (NiZn) rechargeable battery. PowerGenix was founded in 2000 and is based in San Diego, California.

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Buyer(S) 1

Buyer

ZincFive

Tualatin, Oregon, United States
Category Company
Founded 2000
Sector Electrical Equipment
DESCRIPTION

ZincFive offers batteries for stationary, motive and start-stop applications. ZincFive focused on leveraging nickel-zinc chemistry and optimizing the battery control systems to deliver innovative solutions for mission-critical applications that are safe, highly recyclable, energy-efficient and scalable. ZincFive was founded in 2000 and is based in Tualatin, Oregon.

DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
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