KRG Capital Acquires ICCNexergy from Inverness Graham
March 18, 2014
KRG Capital Partners has acquired ICCNexergy, a provider of custom rechargeable power systems, from Inverness Graham Investments. The fifteenth platform company for KRG's $1.96 billion Fund IV, ICCNexergy makes low- to medium-volume products across three major categories: integrated batteries, chargers and power supplies. End markets served include medical, data collection, data server and storage. Inverness Graham bought the company in 2007 and grew it through several acquisitions.