Ultralife Corporation Acquires Excell Battery Group

Novartis to Acquire Excellergy for up to $2 Billion

March 27, 2026

Biotechnology

Novartis entered into an agreement to acquire Excellergy, a private biotechnology company developing next-generation anti-IgE therapies, in a deal valued at up to $2 billion including upfront and milestone payments. The acquisition will bring Excellergy’s lead asset, Exl-111 (a potentially first-in-class trifunctional effector cell response inhibitor), into Novartis’ allergy and immunology pipeline.

The Pokémon Company International Acquires Excell Brands

February 19, 2026

Retail

The Pokémon Company International has entered into a definitive agreement to acquire Excell Brands, a U.S. distributor and category management service provider for trading cards and collectibles. The transaction is expected to close subject to regulatory approvals and customary closing conditions.

Energy Products Inc. Acquires Reliable Batteries Inc.

May 20, 2024

Logistics & Distribution

Energy Products Inc. has acquired Reliable Batteries Inc., an independent battery distributor based in New Hope, Minnesota. The acquisition creates an additional distribution point for Energy Products as part of its ongoing expansion to strengthen its distribution network and enter an adjacent market.

Energy Products, Inc. Acquires Global Battery Direct

April 12, 2024

Energy

Energy Products, Inc., a Michigan-based battery distributor, has acquired Global Battery Direct of Ocean Isle Beach, North Carolina to expand its distribution footprint in the eastern United States. The acquisition strengthens Energy Products' network and product offering to better serve battery partners, customers and vendors across key regional markets.

RESA Power Acquires Exell Power Services in Western Canada

March 7, 2023

Industrial Services

RESA Power, a portfolio company of Investcorp, has acquired Exell Power Services Ltd., a Surrey, British Columbia-based electrical services firm. The deal expands RESA Power’s testing, remanufacturing and engineering capabilities and strengthens its footprint across Western Canada.

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.