Doosan Heavy Industries & Construction Co., Ltd., a Korea-based global leader in power generation technologies, has acquired 1Energy Systems, Inc., an energy technology company specializing in grid energy storage systems (ESS). As a part of Doosan, 1Energy will become Doosan GridTech. With a team led by Joe Dews and including Will Broughton, AGC Partners acted as the sole financial advisor to Doosan Heavy Industries & Construction.
Joe Dews and the AGC team were instrumental in helping us achieve a successful transaction. They were able to understand the needs of both parties, and worked tirelessly to achieve an outcome that is favorable for both Doosan and 1Energy. I strongly recommend AGC as an M&A advisor, and we look forward to working with Joe and his team in the future.Daejin Choi, CEO of Doosan GridTech
AGC Partners acted as sole financial advisor to Doosan in July, 2016