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Corporation
ELECTRONICS | Electrical Product Distribution / Power Generation & Storage
generac.com

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Investments

3

Portfolio Exits

1

Partners & Customers

10

Service Providers

3

About Generac Holdings

Generac (NYSE: GNRC) is a designer and manufacturer of a wide range of generators and other engine-powered products. As a provider in power equipment serving residential, light commercial, industrial, and construction markets, Generac's power products are available through a broad network of independent dealers, retailers, wholesalers, and equipment rental companies. The company markets and distributes its products primarily under its Generac and Magnum brand names.

Generac Holdings Headquarter Location

S45W29290 Wisconsin 59

Waukesha, Wisconsin, 53189,

United States

888-436-3722

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CB Insights Intelligence Analysts have mentioned Generac Holdings in 1 CB Insights research brief, most recently on Nov 8, 2021.

Latest Generac Holdings News

Generac Announces the Closing of Its Acquisition of ecobee Inc.

Dec 1, 2021

Waukesha, Wisconsin, UNITED STATES WAUKESHA, Wis., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Generac Holdings Inc. (NYSE: GNRC) (“Generac”), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today announced that it has closed on the strategic acquisition of ecobee Inc. (“ecobee” or the “Company”), a leader in sustainable smart home solutions. Terms of the acquisition were first announced November 1, 2021. “We are excited to close the ecobee transaction and continue Generac’s evolution as an Energy Technology Solutions company,” said Aaron Jagdfeld, president and chief executive officer of Generac. “With the addition of ecobee and its energy management products focused on conservation, convenience, peace of mind and comfort, we will be able to further build out Generac’s suite of offerings around an intelligent home energy ecosystem. Such a system will help homeowners save money on their energy costs and allow grid operators to better balance supply and demand in more cost-effective ways.” “ecobee and our skilled team members are very proud to join the Generac family,” said Stuart Lombard, founder and chief executive officer of ecobee. “Leveraging Generac’s global footprint and extensive distribution network, we’ll be able to maximize our growth opportunities and further unleash the power of our smart products to deliver a cleaner, more resilient and sustainable energy future for customers and communities.” About Generac Generac is a leading energy technology company that provides backup and prime power systems for home and industrial applications, solar + battery storage solutions, advanced power grid software platforms and engine- and battery-powered tools and equipment. Founded in 1959, Generac introduced the first affordable backup generator and later created the category of automatic home standby generator. The company is committed to sustainable, cleaner energy products poised to revolutionize the 21st century electrical grid. About ecobee ecobee Inc. was founded in 2007 with a mission to improve everyday life while creating a more sustainable world. Today, ecobee continues to innovate with smart home solutions that solve everyday problems with comfort, security, and conservation in mind. With ecobee’s products, including the SmartThermostat and SmartCamera both equipped with voice control, ecobee continues to encourage consumers to imagine what home could be. For more information, visit ecobee.com . Forward Looking Statements Certain statements contained in this news release, as well as other information provided from time to time by Generac Holdings Inc. or its employees, may contain forward looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward looking statements. Forward-looking statements give Generac's current expectations and projections relating to the Company's financial condition, results of operations, plans, objectives, future performance and business. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as "anticipate," "estimate," "expect," "forecast," "project," "plan," "intend," "believe," "confident," "may," "should," "can have," "likely," "future," “optimistic” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. Any such forward looking statements are not guarantees of performance or results, and involve risks, uncertainties (some of which are beyond the Company's control) and assumptions. Although Generac believes any forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect Generac's actual financial results and cause them to differ materially from those anticipated in any forward-looking statements, including: frequency and duration of power outages impacting demand for our products; availability, cost and quality of raw materials and key components from our global supply chain and labor needed in producing our products; the impact on our results of possible fluctuations in interest rates, foreign currency exchange rates, commodities, product mix and regulatory tariffs; the possibility that the expected synergies, efficiencies and cost savings of our acquisitions will not be realized, or will not be realized within the expected time period; the risk that our acquisitions will not be integrated successfully; the duration and scope of the impacts of the COVID-19 pandemic are uncertain and may or will continue to adversely affect our operations, supply chain, and distribution for certain of our products and services; difficulties we may encounter as our business expands globally or into new markets; our dependence on our distribution network; our ability to invest in, develop or adapt to changing technologies and manufacturing techniques; loss of our key management and employees; increase in product and other liability claims or recalls; failures or security breaches of our networks, information technology systems, or connected products; and changes in environmental, health and safety, or product compliance laws and regulations affecting our products, operations, or customer demand. Should one or more of these risks or uncertainties materialize, Generac's actual results may vary in material respects from those projected in any forward-looking statements. In the current environment, some of the above factors have materialized and may or will continue to be impacted by the COVID-19 pandemic, which may cause actual results to vary from these forward-looking statements. A detailed discussion of these and other factors that may affect future results is contained in Generac's filings with the U.S. Securities and Exchange Commission (“SEC”), particularly in the Risk Factors section of the 2020 Annual Report on Form 10-K and in its periodic reports on Form 10-Q. Stockholders, potential investors and other readers should consider these factors carefully in evaluating the forward-looking statements. Any forward-looking statement made by Generac in this press release speaks only as of the date on which it is made. Generac undertakes no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law. INVESTOR CONTACT:

Generac Holdings Investments

3 Investments

Generac Holdings has made 3 investments. Their latest investment was in Sofdesk as part of their Series B on October 10, 2019.

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Generac Holdings Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/24/2019

Series B

Sofdesk

$4.36M

Yes

5

1/2/2019

Seed VC - IV

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$99M

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10

6/3/2016

Seed VC

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$99M

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10

Date

10/24/2019

1/2/2019

6/3/2016

Round

Series B

Seed VC - IV

Seed VC

Company

Sofdesk

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Amount

$4.36M

$99M

$99M

New?

Yes

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Co-Investors

Sources

5

10

10

Generac Holdings Portfolio Exits

1 Portfolio Exit

Generac Holdings has 1 portfolio exit. Their latest portfolio exit was Sofdesk on January 26, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

1/26/2021

Acquired

1

Date

1/26/2021

Exit

Acquired

Companies

Valuation

Acquirer

Sources

1

Generac Holdings Acquisitions

19 Acquisitions

Generac Holdings acquired 19 companies. Their latest acquisition was ecobee on November 01, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

11/1/2021

Series C - III

$991

$192.25M

Acquired

20

9/20/2021

Loan

$10.81M

Acquired

2

9/1/2021

Acquired

2

9/1/2021

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$99M

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10

7/6/2021

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$99M

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10

Date

11/1/2021

9/20/2021

9/1/2021

9/1/2021

7/6/2021

Investment Stage

Series C - III

Loan

Companies

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Valuation

$991

Total Funding

$192.25M

$10.81M

$99M

$99M

Note

Acquired

Acquired

Acquired

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Sources

20

2

2

10

10

Generac Holdings Partners & Customers

10 Partners and customers

Generac Holdings has 10 strategic partners and customers. Generac Holdings recently partnered with Enchanted Rock on September 9, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

9/14/2021

Client

Enchanted Rock

United States

🔒 Generac to manufacture microgrid solutions in Oshkosh under new development agreement

`` By leveraging and integrating Generac Power Systems , Inc. 's expertise into Enchanted Rock 's generator design , we can deliver the most reliable , robust , and flexible product for use in a large array of applications . ''

1

9/14/2021

Partner

Enchanted Rock

United States

Generac Power Systems and Enchanted Rock Announce Alliance. Agreement Ensures Scalable Supply for Microgrid Growth Plans.

`` By leveraging and integrating Generac Power Systems , Inc. 's expertise into Enchanted Rock 's generator design , we can deliver the most reliable , robust , and flexible product for use in a large array of applications . ''

2

11/10/2020

Sponsored

Milwaukee World Festival

United States

Summerfest, The World's Largest Music Festival New Generac Power Stage Will Enrich the Festival Concert Experience. Milwaukee World Festival, Inc. and Generac Power Systems Announce Partnership.

MILWAUKEE , WI> -LRB- November 10 , 2020 -RRB- - Milwaukee World Festival , Inc. and Generac today announced a new long-term partnership , which includes title sponsorship of a major stage at Henry Maier Festival Park .

1

8/18/2020

Distributor

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10

8/13/2020

Partner

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10

Date

9/14/2021

9/14/2021

11/10/2020

8/18/2020

8/13/2020

Type

Client

Partner

Sponsored

Distributor

Partner

Business Partner

Enchanted Rock

Enchanted Rock

Milwaukee World Festival

Country

United States

United States

United States

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News Snippet

🔒 Generac to manufacture microgrid solutions in Oshkosh under new development agreement

`` By leveraging and integrating Generac Power Systems , Inc. 's expertise into Enchanted Rock 's generator design , we can deliver the most reliable , robust , and flexible product for use in a large array of applications . ''

Generac Power Systems and Enchanted Rock Announce Alliance. Agreement Ensures Scalable Supply for Microgrid Growth Plans.

`` By leveraging and integrating Generac Power Systems , Inc. 's expertise into Enchanted Rock 's generator design , we can deliver the most reliable , robust , and flexible product for use in a large array of applications . ''

Summerfest, The World's Largest Music Festival New Generac Power Stage Will Enrich the Festival Concert Experience. Milwaukee World Festival, Inc. and Generac Power Systems Announce Partnership.

MILWAUKEE , WI> -LRB- November 10 , 2020 -RRB- - Milwaukee World Festival , Inc. and Generac today announced a new long-term partnership , which includes title sponsorship of a major stage at Henry Maier Festival Park .

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Sources

1

2

1

10

10

Generac Holdings Service Providers

9 Service Providers

Generac Holdings has 9 service provider relationships

Service Provider

Associated Rounds

Provider Type

Service Type

Acquired

Investment Bank

Financial Advisor, Bookrunner

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Service Provider

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Associated Rounds

Acquired

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Provider Type

Investment Bank

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Service Type

Financial Advisor, Bookrunner

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Partnership data by VentureSource

Generac Holdings Team

8 Team Members

Generac Holdings has 8 team members, including current Chief Executive Officer, Aaron Jagdfeld.

Name

Work History

Title

Status

Aaron Jagdfeld

Chief Executive Officer

Current

Keith Marett

President

Current

York A Ragen

Chief Financial Officer

Current

Dawn Tabat

Chief Operating Officer

Current

William Treffert

Chief Executive Officer

Former

Name

Aaron Jagdfeld

Keith Marett

York A Ragen

Dawn Tabat

William Treffert

Work History

Title

Chief Executive Officer

President

Chief Financial Officer

Chief Operating Officer

Chief Executive Officer

Status

Current

Current

Current

Current

Former

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