Agreement signedPublished 5 Jan 2023

Generac Power Systems, Inc. /
ecobee Inc.

Generac and ecobee amend earnout terms

Price
$45m
Stage
Agreement signed
Buy side: Generac Power Systems, Inc.
Buy sideGenerac Power Systems, Inc.
Target: ecobee Inc.
Targetecobee Inc.
Source · 5 Jan 2023
Buy side: Generac Power Systems, Inc.
Buy sideGenerac Power Systems, Inc.
Target: ecobee Inc.
Targetecobee Inc.
01 / BuyerGenerac Power Systems, Inc.
02 / Targetecobee Inc.
01

What happened

Generac Power Systems, Inc. and ecobee Inc. agreed to an early determination of the earnout consideration under their Purchase Agreement. The amendment sets the final earnout payment at $45 million, based on ecobee’s projected achievement of performance targets.

02

The source

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01
Source · Original source

Generac and ecobee amend earnout terms

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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.

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