Mpowerd, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Mpowerd, Inc. is a company that specializes in designing and manufacturing sustainable, portable, and solar-powered lighting solutions. Mpowerd is committed to making clean and renewable energy accessible to people around the world, particularly in areas with limited access to electricity. The company's mission is to provide affordable and environmentally friendly lighting options that improve the lives of individuals, promote energy efficiency, and reduce carbon emissions. Product Breakdown: Luci Solar Lights: Mpowerd's flagship product is the Luci series of solar lights. These inflatable, waterproof lights harness solar energy to provide illumination in various settings. Luci lights are lightweight and portable, making them ideal for outdoor adventures, camping, emergency situations, and everyday use. They come in various models, including the Luci Core, Luci Pro, and Luci Color, each offering different features such as phone charging capabilities and color-changing options. Luci EMRG: Luci EMRG is a specialized solar-powered light designed for emergency situations. It provides bright, reliable illumination and includes flashing lights and an SOS mode to signal for help during crises. Luci EMRG is an essential tool for disaster preparedness and is also suitable for outdoor enthusiasts. Luci Connect: Luci Connect is a smart solar light that can be controlled via a mobile app. It offers customizable lighting settings, remote control, and the ability to set schedules for automated lighting. Luci Connect combines convenience with sustainability. Luci Candle: Mpowerd's Luci Candle is a solar-powered, inflatable light designed to mimic the warm, flickering glow of a candle. It offers a safe and eco-friendly alternative to traditional candles for creating a cozy and ambient atmosphere. Luci Base Light: Luci Base Light is a larger, multi-functional solar light that serves as a versatile, portable lighting solution. It features multiple lighting modes, including a lantern mode, and can be used to charge mobile devices via its USB port. Distribution Initiatives: In addition to product sales, Mpowerd is involved in various distribution initiatives aimed at providing Luci lights to underserved communities and regions without reliable access to electricity. These initiatives include partnerships with humanitarian organizations, disaster relief efforts, and programs to bring sustainable lighting to off-grid areas.
Keywords
Keywords
Classified
Private