hvacrollups.com
← Deals
Majority stake Announced May 2023

BrainBox AI to acquire ABB's multisite retail energy management integrator business

Relationship map

Relationship map for BrainBox AI to acquire ABB's multisite retail energy management integrator businessparent ofBrainBox AI: Operating CompanyBABrainBox AIABB: PlatformABABB
Operating CompanyPlatform

Parties

Acquirer
BrainBox AI
Operating Company
Target
ABB
Platform

Market signals

Summary

BrainBox AI announced an agreement to acquire ABB's multi-site retail (MSR) energy management system integrator business, including its New Hampshire-based team and an installed base of over 12,000 retail locations. For ABB this is a carve-out of its MSR business unit.