EnerTech-backed Power Survey acquires Power Standards Lab
Power Survey and Equipment Ltd, a Montréal-based developer of power quality systems, has acquired Power Standards Lab Inc, a U.S. maker of electric power instruments for monitoring power quality and energy, and performing data analysis. No financial terms were disclosed. Power Survey said the deal will provide a unified set of tools for solving power quality disturbances for global commercial and industrial customers, utilities and government agencies. Led by President and CEO Mario Barbaresso, Power Survey last year raised $10 million in a financing led by EnerTech Capital. The company said it recently secured an additional US$24 million.
5 July 2017•3 mins read
