Energizer Holdings Acquires Advanced Power Solutions NV

AURELIUS Acquires Panasonic's European Consumer Battery Business (Panasonic Consumer Energy)

March 17, 2021

Manufacturing

AURELIUS Equity Opportunities SE & Co. KGaA, together with co-investing AURELIUS entities, has agreed to acquire Panasonic's European Consumer Battery Business (Panasonic Consumer Energy) from Panasonic Europe B.V. The business, headquartered in Zellik, Belgium with manufacturing sites in Belgium and Poland, employs around 900 people and generated roughly EUR 230 million in revenue in 2019; the deal is a carve-out structured to create a standalone platform under AURELIUS.

Provest Equity Partners Acquires Advanced Process Solutions

July 31, 2025

Manufacturing

Provest Equity Partners, an Atlanta-based private equity firm founded by Suhas Uppalapati and Kerry Byler, has acquired Advanced Process Solutions (formerly Advanced Plastic Services). The transaction closed July 31, 2025; APS is a precision manufacturer serving semiconductor and energy end markets (including Texas Instruments) and will serve as Provest’s first platform investment to expand capabilities and customer reach in semiconductor and energy supply chains.

ArcLight Capital Partners Acquires Advanced Power

July 24, 2025

Energy

ArcLight Capital Partners has acquired Advanced Power and committed an initial $1 billion equity investment to accelerate development of modern power infrastructure. The partnership could deploy more than $5 billion over five years to support over 20 GW of new generation and 10+ GWh of storage, targeting utilities, data center developers and hyperscalers across North America.

Advanced Energy Completes Acquisition of SL Power Electronics

April 25, 2022

Manufacturing

Advanced Energy Industries, Inc. has completed its acquisition of SL Power Electronics Corporation from Steel Partners Holdings L.P., expanding Advanced Energy's product portfolio in industrial and medical power solutions. The deal is expected to be accretive to earnings, generate cost synergies, and broaden Advanced Energy's addressable market by more than $400 million.

Alpine Power Systems Acquires Austin Power Sales & Service

January 15, 2025

Industrial Services

Alpine Power Systems has acquired MS Power & Battery LLC, doing business as Austin Power Sales & Service, a Texas-based provider of data center battery and UPS products and services. The acquisition expands Alpine’s critical power capabilities and footprint in Texas and will integrate Austin Power into Alpine’s Critical Power Division as the company continues a growth-through-acquisition strategy.

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.