# Tecogen to acquire American DG Energy in stock-for-stock merger

Tecogen Inc. will acquire all outstanding shares of American DG Energy Inc. in a stock-for-stock merger, creating a vertically integrated clean technology company. Each American DG share will be exchanged for 0.092 Tecogen shares, valuing American DG at a 27% premium.

- Type: Acquisition
- Announced: 2016-11-02
- Where: United States
- Status: announced
- Products: clean technology equipment, distributed generation, maintenance services
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Tecogen Inc.](https://endata.com/companies/19886.md) (acquirer)
- [American DG Energy Inc.](https://endata.com/companies/19887.md) (target)

## Sources

- [tecogen.com](https://www.tecogen.com/news-events/press-releases/detail/205/tecogen-to-acquire-american-dg-energy), 2016-11-02: "We are extremely pleased with this transaction and believe that over time it will create significant value for shareholders."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.