# Generac acquires Pika Energy to enter energy storage market

Generac Holdings acquired Pika Energy, a manufacturer of battery storage technologies, to expand into the energy storage market. The acquisition closed on April 26, 2019.

- Type: Acquisition
- Announced: 2019-04-29
- Where: Westbrook, Maine, United States
- Status: completed
- Products: battery storage systems, power electronics, energy management software
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Generac Holdings](https://endata.com/companies/453.md) (acquirer)
- [Pika Energy](https://endata.com/companies/39108.md) (target)
- [Pika](https://endata.com/companies/39266.md) (target)

## Sources

- [solarpowerworldonline.com](https://www.solarpowerworldonline.com/2019/04/generac-enters-the-energy-storage-market-with-pika-energy-acquisition/), 2019-04-29: "Pika's integrated battery storage solutions are a crucial component in developing a comprehensive system to store and consume clean energy."
- [renewableenergyworld.com](https://www.renewableenergyworld.com/energy-storage/generac-acquires-maine-energy-storage-firm/), 2019-04-29: "Pika's integrated battery storage solutions are a crucial component in developing a comprehensive system to store and consume clean energy."
- [pressherald.com](https://www.pressherald.com/2019/04/29/westbrook-maker-of-energy-products-bought/), 2019-04-29: "Pika’s integrated battery storage solutions are a crucial component in developing a comprehensive system to store and consume clean energy."
- [energy-storage.news](https://www.energy-storage.news/generac-buys-up-panasonic-us-inverter-partner-pika/), 2019-05-02: "Generac announced last week that with the acquisition of Pika, Generac has 'entered the home energy storage market'."

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