About This Deal

The Middleby Corporation acquired Powerhouse Dynamics, Inc., a transaction announced in April 2019, structured as Acquisition.

Powerhouse Dynamics, Inc. operates in Commercial Foodservice, is based in United States. Powerhouse Dynamics is a leader in cloud-based IoT solutions for the foodservice industry, providing connected equipment monitoring and energy management. Middleby acquired it to advance connected-kitchen capabilities.

Adds IoT/connected-kitchen software to Middleby's foodservice platform.

Deal Terms

Acquirer
The Middleby Corporation
Target
Powerhouse Dynamics, Inc.
Value
Not disclosed
Date
April 2019
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
United States
Segment
Commercial Foodservice
Structure
Acquisition
Announced
April 2, 2019

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

See how Top Bucket AI works for your firm

Request Demo
Top Bucket AI Research

Stay ahead of private markets

Research and market intelligence for private-markets professionals.

✓

You're subscribed.

Thanks for signing up.