AMETEK acquired IntelliPower for $116.5 million (net of cash acquired), a transaction completed in January 2020, structured as All-cash.
IntelliPower operates in EIG, is based in Orange, California. Designs and manufactures a broad portfolio of ruggedized solutions including uninterruptible power systems, external battery packs, power distribution units and power conditioners, acquired in January 2020.
IntelliPower's products and solutions broaden the company's differentiated product offerings in the power systems and instruments sectors.
EIG
Designs and manufactures a broad portfolio of ruggedized solutions including uninterruptible power systems, external battery packs, power distribution units and power conditioners, acquired in January 2020.AMETEK FY2020 10-K, Item 1 Business / Acquisitions note
Advisory firms were not disclosed for this transaction.