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Add-on acquisition · Closed Apr 2000

GE Power Systems acquires Spot Coolers to grow GE Energy Rentals

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Relationship map for GE Power Systems acquires Spot Coolers to grow GE Energy Rentalsparent ofGE Energy Rentals: PlatformGEGE Energy RentalsSpot Coolers of Miami Inc.: Operating CompanySCSpot Coolers of Miami…
Operating CompanyPlatform

Parties

Acquirer
GE Energy Rentals
Platform
Target
Spot Coolers of Miami Inc.
Operating Company

Summary

GE Power Systems signed a definitive agreement to acquire Spot Coolers of Miami, a rental AC and power-generation provider, to accelerate its GE Energy Rentals unit. Follows GE's recent acquisition of Showpower. Corporate roll-up of rental/temporary cooling assets.

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