Mechanical Technology (MTI) Acquires Soluna Computing

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.

Madison Energy Infrastructure Acquires Pro-Tech Energy Solutions

November 6, 2023

Energy

Madison Energy Infrastructure (MEI) has acquired Pro-Tech Energy Solutions, a Moorestown, New Jersey-based turnkey energy services and EPC firm. The acquisition strengthens MEI's execution and delivery capabilities—adding Pro-Tech's EPC team and a pipeline of offsite and front-of-the-meter solar projects to MEI's clean energy platform.

Ricoh Acquires MTI Technology to Expand IT Services in EMEA

October 7, 2020

IT Services

Ricoh (Ricoh Europe) has acquired MTI Technology, a UK-headquartered IT services provider with ~210–250 employees, to strengthen its IT managed services, cybersecurity and datacentre modernisation capabilities across EMEA. MTI Technology will continue to operate under its existing name as a separate Ricoh entity and its existing board and European management team will remain in place.

EQT Infrastructure Acquires Madison Energy Investments

December 20, 2022

Energy

EQT Infrastructure VI has agreed to acquire Madison Energy Investments (MEI) from affiliates of Stonepeak Partners. EQT will provide growth capital and digital/operational support to expand MEI's deployment of distributed solar and energy storage projects across the United States.

Sunworks, Inc. Acquires Solcius, LLC

April 13, 2021

Renewable Energy

Sunworks, Inc. (NASDAQ:SUNW) agreed to acquire privately held Solcius, LLC in an all-cash transaction valued at $51.8 million (cash-free, debt-free), combining Sunworks' commercial and utility capabilities with Solcius' residential installation platform. The deal creates a national solar provider with a presence in 12 states and pro forma 2020 revenue of approximately $131.5 million, with Sunworks expecting synergies and near-term profitability post-integration.

Karman Space & Defense Acquires Metal Technology Inc. (MTI) for $90M

April 4, 2025

Aerospace & Defense

Karman Space & Defense (Karman Holdings Inc.) acquired Metal Technology Inc. (MTI), a refractory-alloy specialist based in Albany, Oregon, for $90 million in cash. The deal expands Karman's advanced materials and manufacturing capabilities (including additive manufacturing, hot forging and specialized forming) and provides accelerated access to strategic and classified missile defense programs.