M&As this week: Albireo Energy and Unified Power Corporation

21 July 2016 (Last Updated July 21st, 2016 18:30)

Albireo Energy has completed the acquisition of Advanced Power Control (APC) and Energy Systems Technologies (EST).

Albireo Energy has completed the acquisition of Advanced Power Control (APC) and Energy Systems Technologies (EST).

APC provides automation systems, lighting controls, metering, fault detection and diagnostics (FDD), and energy services to building owners, whereas EST is a product distributor and technology consultant in energy efficiency and controls for electrical and automation systems for commercial buildings.

Through the merger, Albireo Energy will expand its geographic presence in the Mid-Atlantic region and leverage its capabilities in lighting controls, demand response, and building analytics.

Unified Power Corporation has completed the acquisition of 24/7 Technology, which provides an added impetus to its target of consolidating the largest and most advanced critical power service providers under one brand in the US.

Headquartered in Marietta in Georgia, 24/7 Technology specialises in the critical power services market, serving Alabama, Florida, Georgia, South Carolina, and Tennessee.