PowerSecure International, Inc. (NYSE:POWR) acquired ESCO Energy Services Company from ForceField Energy Inc. (OTCPK:FNRG) for $3.5 million on December 1, 2015. PowerSecure paid $0.9 million in cash and $0.8 million in promissory notes. ESCO could also receive earn-out payments of $1.8 million through 2018 if it exceeds certain contracted sales targets that would reflect meaningful growth. PowerSecure anticipates that the transaction will be accretive to EPS, beginning in 2016.


PowerSecure International, Inc. (NYSE:POWR) completed the acquisition of ESCO Energy Services Company from ForceField Energy Inc. (OTCPK:FNRG) on December 1, 2015.