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Generac Power Systems acquired five companies in 2021: Chilicon Power (solar microinverters, California) on July 2, Apricity Code (energy technology, Oregon) and Off Grid Energy (energy storage, UK) on September 1, Tank Utility (IoT propane monitoring, Boston) on October 1, and signed an agreement to acquire ecobee (smart thermostats, Toronto) on November 1.
Generac, Inc. acquired Tank Utility, a provider of IoT monitoring for delivered fuels. The acquisition will enable Tank Utility to offer a broader product line and access to Generac's global supply chain.