Legrand Announces Bolt-on Datacenter Acquisitions of Keydak and TES

Legrand Acquires Kratos Industries to Expand Data Center Power Portfolio

February 16, 2026

Manufacturing

Legrand has acquired Kratos Industries, a Colorado-based manufacturer of low-voltage switchboards, medium-voltage switchgear and integrated power systems, to strengthen its critical power offerings for the data center market. In parallel, Legrand participated in Accelsius' Series B to deepen capabilities in two-phase, direct-to-chip liquid cooling for high-density AI data centers.

Legrand Acquisition of Avtron Power Solutions

October 2, 2025

Industrial Services

Legrand announced it will acquire Avtron Power Solutions, a global provider of load banks and power quality solutions for datacenters and other critical applications. The deal has an enterprise value of $1.125 billion and is subject to customary closing conditions, including regulatory approvals.

KEV Group Acquires TES Software

November 25, 2025

Education

KEV Group has acquired TES Software, a provider of purpose-built financial and administrative solutions for K–12 schools, strengthening KEV's U.S. presence and expanding its K–12 school finance platform. The acquisition broadens KEV's product footprint across several U.S. states (notably Utah and Alabama) and will help the combined business deliver unified accounting, payments, reporting, and time-management capabilities to K–12 districts.

Tonaquint Acquires Former EdgeX Data Center in Oklahoma City

January 17, 2024

Cloud & SaaS

Tonaquint acquired the former EdgeX data center facility in Oklahoma City in late 2023 and is upgrading the site from a single-client environment to a multi-tenant, initially deploying 2.5 MW of critical IT load with expansion capability up to 12 MW. The St. George, Utah–based data center operator (PE-backed by DIF Capital Partners) is refreshing infrastructure and customer spaces to target high-density and AI workloads and begin taking orders for capacity in April 2024.

Legrand Acquires ZPE Systems

January 12, 2024

IT Services

Legrand has completed the acquisition of ZPE Systems, Inc., a Fremont, California-based provider of secure management infrastructure for data center, branch, and edge environments (serial console servers, sensors, service routers and a software-defined management platform). ZPE Systems will join Legrand's Data, Power and Control (DPC) Division as a business unit to broaden Legrand's data center and edge management capabilities and address growing demand driven by AI and edge computing.

MajorKey Technologies Acquires Legion Star

April 26, 2023

Cybersecurity

MajorKey Technologies, backed by The Acacia Group, has acquired Chicago-based identity and cloud security firm Legion Star. The deal adds roughly 40 identity and cloud security specialists to MajorKey, expanding its identity governance, access management, and cloud security capabilities and positioning the combined business as a leading pure-play identity security provider.