Versant Power Overview
- Status
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Acquired/Merged
- Employees
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500
- Latest Deal Type
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M&A
- Financing Rounds
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4
- Investments
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2
Versant Power General Information
Description
Versant PWR is a regulated electric transmission and distribution utility company. It is responsible for the electricity grid - a system of poles, wires, substations, meters and other equipment that makes safe and reliable delivery of electricity possible. Its role includes planning for the needs of the system; restoring power when Mother Nature creates havoc with overhead lines; evaluating new technologies that can enable greater reliability, resiliency, and customer choice; and timing investments so that benefits for its customers exceed costs. The company provides its services to residential and business customers.
Contact Information
Website
www.versantpower.com(Operating Subsidiary)
Corporate Office
- PO Box 932
- Bangor, ME 04401-0932
- United States
Corporate Office
- PO Box 932
- Bangor, ME 04401-0932
- United States
Versant Power Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Versant Power Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Versant Power Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Versant Power Investments & Acquisitions (2)
Versant Power’s most recent deal was a Merger/Acquisition with Swan's Island Electric Cooperative. The deal was made on 05-Apr-2017.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Swan's Island Electric Cooperative | 05-Apr-2017 | Merger/Acquisition | Electric Utilities | ||
| Opus One Solutions | 21-Sep-2016 | Grant | Business/Productivity Software |
Versant Power Exits (1)
Versant Power’s most recent exit was on 21-Sep-2016 from Opus One Solutions. The exit was categorized as with 7 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Opus One Solutions | 21-Sep-2016 | Completed |
|
Versant Power FAQs
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Where is Versant Power headquartered?
Versant Power is headquartered in Bangor, ME.
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What is the size of Versant Power?
Versant Power has 500 total employees.
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What industry is Versant Power in?
Versant Power’s primary industry is Electric Utilities.
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Is Versant Power a private or public company?
Versant Power is a Private company.
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What is the current valuation of Versant Power?
The current valuation of Versant Power is .
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What is Versant Power’s current revenue?
The current revenue for Versant Power is .
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How much funding has Versant Power raised over time?
Versant Power has raised $75M.
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Who are Versant Power’s investors?
Emera has invested in Versant Power.
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When was Versant Power acquired?
Versant Power was acquired on 24-Mar-2020.
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Who acquired Versant Power?
Versant Power was acquired by Enmax.
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