ADVANCED ENERGY INDUSTRIES INC acquires SL Power Electronics Corporation
Snapshot
ADVANCED ENERGY INDUSTRIES INC acquired SL Power Electronics Corporation for $142.2 million (total fair value of purchase consideration, net of cash acquired; $145.7M cash paid) in April 2022. The transaction was structured as all cash. SL Power Electronics Corporation is a Calabasas, California, USA-based Medical and industrial power business.
- Acquirer
- ADVANCED ENERGY INDUSTRIES INC
- Target
- SL Power Electronics Corporation
- Value
- $142.2 million (total fair value of purchase consideration, net of cash acquired; $145.7M cash paid)
- Date
- April 2022
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
ADVANCED ENERGY INDUSTRIES INC acquired SL Power Electronics Corporation for $142.2 million (total fair value of purchase consideration, net of cash acquired; $145.7M cash paid), a transaction completed in April 2022, structured as all cash.
SL Power Electronics Corporation operates in Medical and industrial power, is based in Calabasas, California, USA. SL Power Electronics Corporation, based in Calabasas, California, acquired via purchase of 100% of its issued and outstanding capital stock. The acquisition added complementary products to Advanced Energy's medical power offerings and extended its presence in several advanced industrial markets.
This acquisition added complementary products to Advanced Energy's medical power offerings and extended our presence in several advanced industrial markets.
Complementary medical power products and expansion into advanced industrial markets Integrated into Advanced Energy's medical/industrial power offerings
No advisory firms have been disclosed for this transaction.