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Advanced Energy Completes The Acquisition Of Sl Power

Apr 25, 2022•about 3 years ago

Acquiring Company

Advanced Energy

Acquired Company

SL Power

DenverManufacturing

Description

Advanced Energy Industries, Inc. (Nasdaq: AEIS) – a global leader in highly engineered, precision power conversion, measurement and control solutions – today announced that it completed the previously announced acquisition of SL Power Electronics Corporation from Steel Partners Holdings L.P. (NYSE: SPLP). The acquisition adds complementary products to Advanced Energy’s medical power offerings and extends its presence in several advanced industrial markets.

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.

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

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