Eaton Acquires Tripp Lite for $1.65 Billion

Eaton Acquires Resilient Power Systems

August 6, 2025

Energy

Eaton has completed the acquisition of Resilient Power Systems Inc., an Austin-based developer and manufacturer of solid-state transformer technology and ultra-compact EV charging depots. Eaton said the deal will help scale Resilient's next-generation medium-voltage solid-state transformer technology for markets including data centers, energy storage and EV charging.

Eaton Acquires Ultra PCS Limited from Cobham Ultra Group for $1.55 Billion

January 24, 2026

Aerospace & Defense

Eaton has completed the acquisition of Ultra PCS Limited from the Cobham Ultra Group for $1.55 billion. The deal brings Ultra PCS’s electronic controls, sensing, stores-ejection and data-processing solutions into Eaton’s Aerospace portfolio to expand capability in mission-critical aerospace and defense systems and is expected to be accretive to Eaton’s Aerospace margins and growth.

Eaton Acquires 49% Stake in Jiangsu Ryan Electrical Co. Ltd.

April 24, 2023

Manufacturing

Eaton completed the acquisition of a 49% minority stake in Jiangsu Ryan Electrical Co. Ltd., a Nantong, Jiangsu-based manufacturer of power distribution and sub-transmission transformers. The deal gives Eaton greater access to Ryan’s manufacturing capabilities and China/Asia-Pacific customers as it expands its presence in renewable energy, data center, utility and industrial end markets.

Eaton Acquires Royal Power Solutions from Industrial Growth Partners

January 5, 2022

Manufacturing

Eaton has acquired Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components, from Industrial Growth Partners for $600 million. The acquisition strengthens Eaton's position in electrification end markets (e.g., eMobility, energy management and industrial markets) and adds manufacturing capacity and product capabilities.

Continuim Equity Partners Acquires Electro-Tech Industries

May 21, 2025

Manufacturing

Continuim Equity Partners has acquired Electro-Tech Industries (ETI), a Houston-based manufacturer of engineered electrical power distribution solutions. Continuim — in its first platform investment from Fund II and first in its power generation, transmission and distribution thesis — will partner with ETI's founder George Houche, who will remain a significant shareholder, to expand manufacturing capacity and accelerate growth.

Orion Energy Systems Acquires Stay-Lite Lighting

January 5, 2022

Electrical Services

Orion Energy Systems, a publicly traded provider of energy-efficient LED lighting and maintenance solutions, acquired Stay-Lite Lighting, a nationwide lighting and electrical maintenance service provider. The deal adds Stay-Lite's self-performing capabilities across 15 states, established retail customer relationships and about $9 million in annual revenue to accelerate growth of Orion's Maintenance Services business.