# CleanSpark to acquire Pioneer Custom Electrical Products from Pioneer Power Solutions

CleanSpark signed a definitive agreement to acquire substantially all assets and operations of Pioneer Custom Electrical Products, a designer and manufacturer of custom electrical equipment, from Pioneer Power Solutions. Closing is anticipated by June 30, 2018.

- Type: Acquisition
- Announced: 2018-05-08
- Where: United States
- Status: announced
- Products: custom electrical equipment, switchgear, transfer switches, control systems, switchboards, panelboards
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Pioneer Power Solutions](https://endata.com/companies/866.md) (partner)
- [CleanSpark](https://endata.com/companies/31770.md) (acquirer)
- [Pioneer Custom Electrical Products](https://endata.com/companies/31771.md) (target)

## Sources

- [investors.cleanspark.com](https://investors.cleanspark.com/news/news-details/2018/CleanSpark-to-Accelerate-Deployments-by-Acquiring-Pioneer-Custom-Electrical-Products-Business-05-08-2018/default.aspx), 2018-05-08: "With the acquisition of Pioneer CEP, we've secured a specialized, vendor agnostic hardware solution, which, when coupled to our proprietary adaptive controls platform, allows for a simplified business development model, ease of deployment and opportunity for rapid growth."

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