Generac to acquire ecobee for up to $770 million

Generac's headquarters in the Town of Genesee

Last updated on November 3rd, 2021 at 01:11 pmGenerac Holdings Inc. plans to acquire Toronto-based smart thermostat maker ecobee in a deal valued at up to $770 million. Generac will pay $200 million in cash and plus $450 million of its common stock to the current equity holders of ecobee when the deal closes. The

Want to Read the Entire Article?

Become a BizTimes Insider today and get immediate access to our subscriber-only content and much more.

Become an Insider Now

Already an Insider? Log In

Or purchase a bypass link here

Sign up for BizTimes Daily Alerts

Stay up-to-date on the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin

Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He also spent five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.

No posts to display