Soteria Battery Innovation Group Acquires Assets of Voltaplex

Hall Capital Holdings Acquires BatteryPlex, Inc.

May 18, 2026

Retail

Generational Group advised BatteryPlex, Inc. in its sale to Hall Capital Holdings, LLC. The acquisition closed on May 4, 2026, with Hall Capital Holdings acquiring the online retailer and distributor of batteries and power solutions based in Coral Springs, Florida.

Lyten Acquires Northvolt's BESS Product Portfolio

July 28, 2025

Renewable Energy

Lyten announced it has secured more than $200 million in additional equity (primarily from existing investors) and acquired the rights to Northvolt's Battery Energy Storage System (BESS) product portfolio, including Voltpack Mobile Systems (VMS) and Voltrack. Core members of Northvolt's energy storage engineering team will join Lyten in Stockholm, and Lyten plans to manufacture VMS and future BESS products in Gdansk, Poland with production targeted for Q4 2025.

TJC LP Acquires Soteria Flexibles from Ardian

September 6, 2023

Packaging

TJC LP (TJC) has acquired Soteria Flexibles Holdings LLC from Ardian. Headquartered in Carol Stream, Illinois, Soteria is a North American flexible packaging manufacturer that Ardian built into a multi-plant platform through add-on acquisitions; financial terms were not disclosed.

Generate Capital Acquires esVolta to Expand Battery Storage and Grid Resilience

July 21, 2022

Energy

Generate Capital has acquired utility-scale battery storage developer esVolta LP, adding a portfolio of more than 900 MWh of operational and contracted projects and a pipeline across multiple U.S. states and Canada. The deal gives Generate entry into the front-of-the-meter battery storage market to expand its grid-connected storage capabilities and accelerate deployment of energy storage projects for utilities and offtakers.

XS Power Batteries Acquires Ioxus, Inc.

April 8, 2020

Energy

XS Power Batteries has acquired Ioxus, Inc., a developer and manufacturer of ultracapacitors and energy storage products. Cascadia Capital acted as exclusive financial advisor to Ioxus and its investors; the deal expands XS Power's product capabilities and integrates Ioxus' ultracapacitor technology into XS Power's automotive, powersports and industrial offerings.

Lithion Power Group Acquires Aved Electronics

August 28, 2019

Manufacturing

Lithion Power Group, a TriWest Capital Partners Fund V portfolio company, has acquired Aved Electronics from its existing shareholders with participation from Aved management. The acquisition adds Aved's battery pack manufacturing, cable and harness assembly, and electro-mechanical box-build capabilities to Lithion's offering, expanding product lines and end-market exposure into medical, defense, robotics and communications.