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On December 2, 2014, Pioneer Power Solutions, Inc. (PPSI) announced the acquisition of control of Titan Energy Worldwide, Inc. (TEWI) ("Titan") and on December 31, 2014, announced the completion of the purchase of 100% of the preferred stock of Titan from 24 individual stockholders, and a short-form merger between Titan and a wholly-owned subsidiary of Pioneer.
ROTH Capital Partners acted as financial advisor to Pioneer.
About Pioneer Power Solutions, Inc.
Pioneer Power Solutions, Inc. is a manufacturer of specialty electrical transmission and distribution equipment and provides through its subsidiaries a broad range of custom-engineered and general purpose solutions for electrical applications in the utility, industrial and commercial markets. The Company is headquartered in Fort Lee, New Jersey and operates from eight additional locations in the U.S., Canada and Mexico for manufacturing, centralized distribution, engineering, sales and administration. To learn more about Pioneer, please visit our website at
www.pioneerpowersolutions.com. (Source: Company Press Release | 1/02/15)
About ROTH Capital Partners
ROTH Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on serving emerging growth companies and their investors. As a full-service investment bank, ROTH provides capital raising, M&A advisory, analytical research, trading, market-making services and corporate access. Headquartered in Newport Beach, CA, ROTH is privately-held and employee owned, and maintains offices throughout the U.S. and Hong Kong. For more information on ROTH, please visit