# CleanSpark completes acquisition of Pioneer Critical Power

CleanSpark completed the acquisition of Pioneer Critical Power, Inc. (PCPI), a subsidiary of Pioneer Power Solutions, gaining intellectual property and executed contracts expected to generate approximately $3.6 million in gross sales. The acquisition closed on January 28, 2019.

- Type: Acquisition
- Announced: 2019-01-28
- Where: United States
- Status: completed
- Products: switchgear equipment, automatic transfer switches, control and circuit protective equipment
- 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 Critical Power](https://endata.com/companies/36949.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/cleanspark-completes-acquisition-of-pioneer-critical-power-inc-300785194.html), 2019-01-28: "CleanSpark, Inc. and Pioneer Power Solutions, Inc. today announced that the two companies have closed a merger transaction wherein CleanSpark acquired Pioneer's wholly owned subsidiary, Pioneer Critical Power, Inc."
- [investors.cleanspark.com](https://investors.cleanspark.com/news/news-details/2019/CleanSpark-Completes-Acquisition-of-Pioneer-Critical-Power-Inc--01-28-2019/default.aspx), 2019-01-28: "CleanSpark, Inc. and Pioneer Power Solutions, Inc. today announced that the two companies have closed a merger transaction wherein CleanSpark acquired Pioneer's wholly owned subsidiary, Pioneer Critical Power, Inc."

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