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-0.0105900151285931 -0.0105900151285931 0.0257186081694402 0.0499243570347958 0.0393343419062027 0.0119969742813918 0.0045385779122542 0.000756429652042344
Stock impact report

Pioneer Announces Sale of its Pioneer Custom Electrical Products, LLC Business Unit, Including E-Bloc

Pioneer Power Solutions, Inc. (PPSI) 
Last pioneer power solutions, inc. earnings: 3/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: pioneerpowersolutions.com/investors
Company Research Source: Business Wire
Total Consideration of $50 million in cash and equity including the assumption of certain liabilitiesManagement to Host Investor Conference Call at 4:30 pm ET on October 30, 2024 FORT LEE, N.J.--(BUSINESS WIRE)--Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer” or the “Company”), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle (“EV”) charging solutions, today announced it has sold its Pioneer Custom Electrical Products, LLC (“PCEP”) business unit to Mill Point Capital LLC (“Mill Point”), a middle-market private equity firm located in New York City, for $50 million in a cash and equity transaction.PCEP is the Company’s Electrical Infrastructure business, which provides energy solutions that allow users to effectively and efficiently protect, control, transfer, monitor and manage their electrical energy usage and requirements. PCEP markets many of these Show less Read more
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