2 Acquisitions of Companies in Provo

January 15, 2023
Acquisitions Hub

M&A activity has seen a steady increase across the globe over the past decade, especially in Provo. Startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 2 acquisitions that took place in Provo .

Solcius acquired by Sunworks

Details about the transaction:

Acquisition amount:

$51,800,000

Announcement:

9 April 2021

Details about the company:

Design and Installation of Residential Solar

Headquarter:

Provo, Utah, United States

Where to find them:

Industry:

Building Material, Energy, Mining, Real Estate, Renewable Energy, Solar, Web Design

Details about the buyer:

In order to enhance the conversion of sunshine into power, Sunworks creates a three-dimensional solar cell technology.

Headquarter:

Santa Barbara, California, United States

Where to find them:

Champion Safe acquired by American Rebel Holdings

Details about the transaction:

Acquisition amount:

$9,900,000

Announcement:

7 July 2022

Details about the company:

Gun safes and house safes are produced and supplied by Champion Safe.

Headquarter:

Provo, Utah, United States

Where to find them:

Industry:

Manufacturing, Retail, Sales, Security

Details about the buyer:

Products from American Rebel Holdings, Inc. are made to provide the means for defending and safeguarding the family.

Headquarter:

Lenexa, Kansas, United States

Where to find them: