Edge Autonomy Acquires Adaptive Energy

Sleeping Bear Capital Acquires Ultra Electronics' Fuel Cell Business, Rebrands as Adaptive Energy

January 14, 2019

Energy

Sleeping Bear Capital, a newly formed San Francisco-based private equity firm, acquired the fuel cell manufacturing business unit of Ultra Electronics and relaunched it as Adaptive Energy LLC. Adaptive Energy — based in Ann Arbor, Michigan — designs and manufactures solid oxide fuel cells (SOFC) for backup and portable power, and serves customers including Lockheed Martin and RedHawk under long-term supply agreements.

Redwire Corporation Acquires Edge Autonomy

June 13, 2025

Aerospace & Defense

Redwire Corporation completed its acquisition of Edge Autonomy, integrating Edge Autonomy's field-proven uncrewed airborne systems (UAS) technology into Redwire's aerospace and defense platform. The deal expands Redwire's manufacturing and innovation footprint, strengthens multi-domain autonomous capabilities across space and airborne operations, and is expected to be immediately accretive to revenue and Adjusted EBITDA.

Autonomy Acquires EV Mobility's Technology, Assets and Customer Accounts

September 8, 2023

Transportation

Autonomy, an electric vehicle subscription company based in Santa Monica, has agreed to acquire the technology, assets and customer accounts of EV Mobility, an all-electric car-sharing platform that provides EVs as an amenity to hotels and multi-family properties. The deal (cash and stock, terms undisclosed) is intended to accelerate Autonomy's entry into car-sharing, expand its product offering, and scale usage through EV Mobility's existing hospitality and property partnerships; the transaction is expected to close in Q4 2023.

Energy Exemplar Acquires Adapt2 Solutions

May 13, 2024

Software

Energy Exemplar has acquired Adapt2 Solutions, a Houston-based provider of AI-enabled power market operations software, to integrate Adapt2’s capabilities into its PLEXOS and Aurora energy modeling platforms. The deal strengthens Energy Exemplar’s product set and provides customers with an end-to-end solution for energy market operations and planning.

Apogee Interactive Acquires EnergyX Solutions

February 7, 2024

Energy

Apogee Interactive has acquired EnergyX Solutions, an Ontario-based AI-powered SaaS company that helps utilities increase customer participation in energy-efficiency programs. The deal adds EnergyX's RetrofitAI capabilities to Apogee's utility customer engagement suite; growth investor M33 Growth is backing the combined organization.

Advanced Energy Acquires Artesyn's Embedded Power Business from Platinum Equity

May 15, 2019

Manufacturing

Advanced Energy Industries, Inc. has signed a definitive agreement to acquire the Embedded Power business of Artesyn Embedded Technologies from Platinum Equity for approximately $400 million. The divestiture (sale of a business unit) expands Advanced Energy's power-conversion product portfolio and brings Artesyn's AC-DC and DC-DC power supply offerings into Advanced Energy's precision power platform; the deal was expected to close in H2 2019 pending regulatory approvals.