Minneapolis, Minnesota – Quazar is pleased to announce its client, Pioneer Power, Inc. (“Pioneer Power” or “Company”), has been acquired by Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach”) for a purchase price at closing of $66.1 million. Quazar acted as Pioneer Power’s exclusive financial advisor in the transaction, while Winthrop & Weinstine, P.A. served as legal counsel and RSM US LLP provided sell-side accounting diligence services.
