About Power Partners
Power Partners is a company based in Athens (United States) founded in 2003 was acquired by Pioneer Transformers in November 2019. It operates as a Direct-to-Consumer (D2C). The company has 67 employees as of December 31, 2022. Power Partners offers products and services including Distribution Transformers and Single-Phase Pad-Mounts.
- Headquarter Athens, United States
- Employees 67 as on 31 Dec, 2022
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Power Partners, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
MasTec
& 2 more
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Employee Count
67
as on Dec 31, 2022
- Acquired by
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Products & Services of Power Partners
Power Partners offers a comprehensive portfolio of products and services, including Distribution Transformers and Single-Phase Pad-Mounts. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Transformers are manufactured for power distribution networks.
New transformers are designed for underground distribution systems.
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Funding Insights of Power Partners
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Power Partners
Power Partners has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include MasTec, Pioneer Transformers and OpenGate Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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OpenGate Capital is engaged in private equity investments globally.
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Founded Year | Domain | Location | |
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Infrastructure construction company
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Founded Year | Domain | Location | |
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Transformers are manufactured by Pioneer Transformers in Canada.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Power Partners
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Power Partners
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Power Partners Comparisons
Competitors of Power Partners
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Power Partners
When was Power Partners founded?
Power Partners was founded in 2003.
Where is Power Partners located?
Power Partners is headquartered in Athens, United States.
How many employees does Power Partners have?
As of Dec 31, 2022, the latest employee count at Power Partners is 67.
What does Power Partners do?
Power Partners is involved in the production of distribution transformers for customers across North America, Central America, and the Caribbean. The company is based in the USA and operates with a focus on safety and innovation in transformer design. Over 9 million transformers have been produced at their Athens, Georgia plant. A rapid storm response time of under 48 hours is maintained to ensure timely delivery during emergencies. Their product range includes single-phase pad-mount transformers for underground distribution networks, meeting industry standards such as ANSI, IEEE, NEMA, RUS, and DOE.
What products or services does Power Partners offer?
Power Partners offers Distribution Transformers and Single-Phase Pad-Mounts.
Who are Power Partners's investors?
Power Partners has 3 investors. Key investors include MasTec, Pioneer Transformers, and OpenGate Capital.