ERMCO (AECI) Acquires Spire Power Solutions from Mill Point Capital
December 15, 2022
Electric Research and Manufacturing Cooperative, Inc. (ERMCO), a subsidiary of Arkansas Electric Cooperatives, Inc. (AECI), has acquired Spire Power Solutions L.P. from Mill Point Capital. The deal combines two North American transformer manufacturers to expand production capacity and extend product offerings into renewable energy and data center markets.
- Buyers
- Electric Research and Manufacturing Cooperative, Inc. (ERMCO), Arkansas Electric Cooperatives, Inc. (AECI)
- Targets
- Spire Power Solutions L.P.
- Sellers
- Mill Point Capital LLC
- Industry
- Manufacturing
- Location
- Georgia, United States
- Transaction Type
- Buyout
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