# Mill Point Capital forms Voltaris Power LLC by acquiring Pioneer Custom Electrical Products and Jefferson Electric

Mill Point Capital LLC announced the formation of Voltaris Power LLC, created by acquiring two entities: Pioneer Custom Electrical Products and Jefferson Electric. Voltaris will focus on custom engineered electrical power solutions.

- Type: Acquisition
- Announced: 2024-10-29
- Where: Santa Fe Springs, California, United States
- Status: announced
- Products: low- and medium-voltage switchgear, transformers, unit substations, automatic transfer switches
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Voltaris Power LLC](https://endata.com/companies/80800.md)
- [Mill Point Capital](https://endata.com/companies/4840.md) (investor)
- [Pioneer Custom Electrical Products](https://endata.com/companies/31771.md) (target)
- [Jefferson Electric](https://endata.com/companies/80801.md) (target)

## Sources

- [millpoint.com](https://millpoint.com/mill-point-capital-forms-voltaris-power-llc-through-two-power-solutions-corporate-carve-outs/), 2024-10-29: "We are thrilled to announce the creation of Voltaris through the merger of two distinct corporate carve-out transactions, both from parties with whom we have successfully transacted in the past."
- [ebmag.com](https://www.ebmag.com/pioneer-custom-electrical-and-jefferson-electric-combined-to-form-voltaris/), 2024-11-12: "We are thrilled to announce the creation of Voltaris through the merger of two distinct corporate carve-out transactions."

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