Advanced Energy To Acquire Sl Power

Apr 04, 2022•over 3 years ago

Acquiring Company

Advanced Energy

Acquired Company

SL Power

DenverManufacturing

Description

Advanced Energy (Nasdaq: AEIS) – a global leader in highly engineered, precision power conversion, measurement and control solutions – today announced that it has entered into a definitive agreement to acquire SL Power Electronics Corporation, a leading provider of customized power solutions for medical and advanced industrial applications, from Steel Partners Holdings L.P. (NYSE: SPLP). The acquisition expands Advanced Energy’s medical power solution offerings by adding a complementary portfolio of products and improves its ability to meet the growing needs of industrial and medical customers.

Company Information

Company

Advanced Energy

Location

Denver, Colorado, United States

About

Advanced Energy Industries, Inc. (Nasdaq: AEIS) is a global leader in highly engineered, precision power conversion, measurement, and control solutions. With a focus on precision power, the company aims to deliver more value to its customers in industrial, medical, and semiconductor applications. Advanced Energy has a strong balance sheet with over $1.0 billion of cash on hand and low-cost debt.

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M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed