Ultralife Corporation Acquires Excell Battery Group

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.

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.

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.

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.

Energy Plug Technologies Acquires True North Battery Energy Storage Corp.

September 19, 2023

Energy

Energy Plug Technologies Corp. has completed its acquisition of True North Battery Energy Storage Corp., adding battery energy storage and EV charging capabilities to its portfolio. The deal includes a Letter-of-Cooperation for distribution with Taiwan-based C-LiFE Technologies and positions Energy Plug to expand battery energy storage product distribution across North and South America.

Winnebago Industries Acquires Lithionics Battery

March 27, 2023

Manufacturing

Winnebago Industries has agreed to acquire Lithionics Battery, a Clearwater, Florida-based lithium-ion battery solutions provider to the recreational equipment and specialty vehicle markets. The acquisition is intended to expand Winnebago's electrical and electrification capabilities, secure a critical supply chain component, and accelerate product innovation across its RV, marine and specialty vehicle brands.