# Industrial Growth Partners acquires IOTA Engineering

Industrial Growth Partners (IGP) acquired IOTA Engineering, a maker of back-up power supply equipment, for an undisclosed amount. The transaction closed on February 24, 2017.

- Type: Acquisition
- Announced: 2017-02-24
- Where: Tucson, Arizona, United States
- Status: completed
- Products: back-up power supply equipment, emergency lighting ballasts, battery chargers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Industrial Growth Partners](https://endata.com/companies/22611.md) (acquirer)
- [IOTA Engineering](https://endata.com/companies/22612.md) (target)

## Sources

- [peprofessional.com](https://peprofessional.com/2017/03/industrial-growth-acquires-iota/), 2017-03-03: "IGP’s extensive knowledge of the manufacturing sector and over two decades of experience in helping family-owned businesses successfully transition to private equity-backed companies made IGP an ideal partner for us."

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