OmniMetrix buys Gen-Tracker monitoring assets for $3.5 million
OmniMetrix acquired Generator Solutions’ Gen-Tracker standby generator monitoring assets for $3.5 million. Payment includes $1.0 million at closing plus $450,000 on each of the first four anniversaries, with additional transferred items including IP, technology, receivables and inventory.
5 million. The assets include customers, dealer relationships, IP, technology, receivables and inventory. 0 million at closing and $450,000 on each of the first four anniversaries.