Sep. 12, 2021
Generac Holdings, Waukesha, Wis., has acquired Apricity Code Corp., Bend, Ore., an advanced engineering and product design company.
Apricity’s advanced team of engineers is experienced in designing and prototyping energy-related products to increase reliability, add functionality and improve performance. The company also has developed a smart water heater disconnect switch that is used as a grid edge device by utilities in demand response and other energy conservation programs.
“Adding Apricity to the Generac team will accelerate our efforts to provide a broader energy technology portfolio and increase our speed to market for both our Clean Energy and Grid Services products and solutions. We are very pleased to have this talented group of engineers join our team,” said Aaron Jagdfeld, president and CEO, Generac.
“We are excited for the opportunity to join Generac on its Clean Energy vision,” said Gabe Ayers, Apricity founder. “With our passion for the energy industry, we look forward to helping Generac bring products to market that create a positive impact on consumers and society as a whole.”
Terms of the deal were not disclosed.
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