Agreement signedPublished 18 Aug 2022

ABM Industries Incorporated /
RavenVolt, Inc.

ABM Industries to acquire RavenVolt in microgrid deal

Price
$170m
Stage
Agreement signed
Source · 18 Aug 2022
01 / BuyerABM Industries Incorporated
02 / TargetRavenVolt, Inc.
01

What happened

ABM Industries Incorporated agreed to acquire RavenVolt, Inc. in an all cash transaction. RavenVolt provides turn-key microgrid systems to commercial and industrial customers, retailers, utilities, and municipalities.

The consideration includes $170 million in cash at closing and up to $280 million in earn-out payments, subject to defined EBITDA targets.

02

The source

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01
Source · Source

ABM Industries to acquire RavenVolt in microgrid deal

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03

Timeline

Every date the source states, in order. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by the source

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