Sunbelt Solomon Acquires Maxima Power Group

Sunbelt Solomon Acquires Valley Transformer, Inc.

June 11, 2024

Industrial Services

Sunbelt Solomon Services has acquired Valley Transformer, Inc., a Pacific Northwest provider of transformer repair and refurbishment based in Otis Orchards, Washington. The deal expands Sunbelt Solomon's footprint and capabilities in the Pacific Northwest, giving Valley access to Sunbelt Solomon's inventory, purchasing power, and expanded field and rental services; terms were not disclosed. Valley's president and owner Kerry Riccardi will continue to lead the business as vice president and general manager.

Volaris Group Acquires Maxima Tech

July 5, 2024

Software

Volaris Group has acquired Maxima Tech, a Brazil-based provider of sales automation software for the wholesale and distribution sector. Maxima Tech will operate as an independent business unit within Volaris' Latam & Iberia portfolio as Volaris looks to expand its vertical-market software capabilities in Latin America.

Action Electrical Ltd. Acquires Big Hill Electrical Services

March 3, 2023

Electrical Services

Action Electrical Ltd. has acquired Big Hill Electrical Services; MAXIMA acted as sell‑side advisor to Big Hill. The deal combines two Alberta-based electrical contractors, strengthening Action Electrical's regional capabilities and service offering.

MyPower Corp. (Mitsui Affiliate) Acquires Solstice Power Technologies

October 12, 2022

Renewable Energy

MyPower Corp., an affiliate of Mitsui & Co., Ltd., has acquired Solstice Power Technologies, a Cambridge-based customer acquisition and subscriber-management services provider for community solar projects. The deal gives MyPower a foothold in the U.S. community solar market and brings Solstice's customer-management and subscriber software capabilities to Mitsui's broader clean-energy investment platform.

MIRATECH Acquires Powertherm Maxim

February 16, 2023

Manufacturing

MIRATECH Group, LLC has acquired Powertherm Maxim, a Houston-based manufacturer of industrial reciprocating engine silencers, exhaust and intake systems, and related accessories, from the Nesloney family. The deal expands MIRATECH's manufacturing capacity (adding a 100,000 sq. ft. Houston fabrication shop), broadens its product portfolio and customer reach across power generation, energy infrastructure, marine and industrial markets.

EIS Acquires Power Grid Supply

November 2, 2023

Industrial Services

EIS, a North American specialty distributor of electrical process materials, has acquired Power Grid Supply, a supplier of transformer parts and components. The acquisition expands EIS's product portfolio and aftermarket capabilities for transformer OEMs, remanufacturers, field service contractors, and utilities, and will support geographic expansion across North America.