Holley Intermediate Holdings Acquires Empower, Ltd. (SPAC Merger)

Holley Acquires AEM Performance Electronics

April 15, 2021

Automotive

Holley has acquired substantially all of the assets of Advanced Engine Management, Inc. (dba AEM Performance Electronics) for $52 million. The deal expands Holley's electronic control and monitoring product offerings for performance and EV-conversion enthusiasts; Holley expects AEM to contribute pro forma 2021 sales of $26 million.

NewHold Investment Corp. to Merge with Evolv Technologies (AI Touchless Security Screening)

July 15, 2021

Cybersecurity

NewHold Investment Corp. (a SPAC) and Evolv Technologies announced that the SPAC’s Form S-4 registration statement became effective and scheduled a special stockholder meeting for July 15, 2021 to approve their previously announced merger. If approved, the business combination is expected to close shortly thereafter, with the combined company operating as Evolv Technologies Holdings, Inc. and listing on Nasdaq under EVLV/EVLVW.

Five Star Technology Solutions Merges with Empower Learning

November 4, 2024

Education

Five Star Technology Solutions has completed a merger with Empower Learning to combine their K-12 education technology, AV, managed services, and professional development offerings. The combined company will expand its geographic reach across the Midwest and deliver integrated EdTech solutions to schools and districts, strengthening capabilities in AV, managed services, data analytics, and cybersecurity.

Empower Finance Acquires Petal and Completes Acquisition of Cashalo

April 9, 2024

Financial Services

Empower Finance, a San Francisco-based fintech specializing in alternative credit underwriting, has signed a definitive agreement to acquire Petal (a U.S. consumer credit card fintech) and completed its acquisition of Cashalo (a Philippine digital lending platform). The transactions expand Empower's product capabilities in the U.S. credit card market and give the company a strategic foothold in the Southeast Asian credit market to reach underserved consumers.

Holley Steel, Inc. Sold to an Individual Investor

September 2, 2025

Manufacturing

Generational Group advised Holley Steel, Inc., a family-owned steel fabrication and erection company based in Elmore, Alabama, on its sale to an individual investor. The transaction closed July 1, 2025; Holley Steel operates a 22,000 square-foot facility and provides structural and miscellaneous steel services to commercial and industrial clients across the Southeast.

SES Holdings Acquires Public Listing via Business Combination with Ivanhoe Capital Acquisition Corp

February 3, 2022

Manufacturing

SES Holdings Pte. Ltd. (SES) combined with SPAC Ivanhoe Capital Acquisition Corp. in a deal that was approved by Ivanhoe shareholders on February 1, 2022 and closed on February 3, 2022. The combined company began trading on the New York Stock Exchange on February 4, 2022 under the ticker symbol “SES,” following an upsized $275 million common stock PIPE supported by multiple global automakers and strategic investors.