# Coolisys Technologies completes acquisition of Enertec Systems

Coolisys Technologies completed its acquisition of Enertec Systems 2001 Ltd. for approximately $4.7 million in cash plus assumed debt of $4.3 million, expanding its aerospace and defense capabilities.

- Type: Acquisition
- Announced: 2018-05-23
- Where: Karmiel, Israel
- Value: $4.70M
- Status: completed
- Products: specialized electronic systems, test systems, simulators for military applications, power supply products, command and control mobile systems
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Enertec Systems 2001](https://endata.com/companies/26620.md) (target)
- [Coolisys Technologies](https://endata.com/companies/32055.md) (acquirer)
- [DPW Holdings](https://endata.com/companies/32056.md) (partner)

## Sources

- [calcalistech.com](https://www.calcalistech.com/ctech/articles/0,7340,L-3738793,00.html), 2018-05-24: "We strongly believe that the acquisition of Enertec will also invigorate Coolisys' endeavors in the growing medical and commercial electronics sectors"

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