Acquiring Company
Locality Planning Energy
Acquired Company
PowerHub Pty Ltd
Description
Locality Planning Energy has finalized an agreement to acquire 100% of Brisbane-based PowerHub Pty Ltd. This acquisition will enhance LPE's embedded network platform, expand its presence into Tasmania and South Australia, and increase its portfolio significantly. The total consideration for the deal is capped at $5.803 million, with initial payments linked to service activations. The integration aims to ensure continuity for existing customers while enhancing operational capabilities.
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M&A Insights
Based on deal dataFrequently asked
Who acquired PowerHub Pty Ltd?
PowerHub Pty Ltd was acquired by Locality Planning Energy, based in Brisbane. The deal was reported on August 13, 2026. Locality Planning Energy specializes in embedded energy networks and solutions. The company operates primarily in Queensland but is expanding its services into other regions. Locality Planning Energy is privately held and operates in Energy.
When did Locality Planning Energy acquire PowerHub Pty Ltd?
Locality Planning Energy's acquisition of PowerHub Pty Ltd was reported on August 13, 2026. Locality Planning Energy has finalized an agreement to acquire 100% of Brisbane-based PowerHub Pty Ltd. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does PowerHub Pty Ltd do?
PowerHub is a licensed energy retailer that provides embedded network and energy efficiency solutions. The company serves residential communities and commercial premises through various energy services. It is privately held, operating in Energy, and is based in Brisbane.