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Generac Eyes Power Deals With $1 Billion to Spend


Generac Holdings Inc., the biggest US supplier of backup power generators, is considering acquisitions to boost its product offerings as electricity costs soar to meet booming demand.

Generac Holdings Inc., the biggest US supplier of backup power generators, is considering acquisitions to boost its product offerings as electricity costs soar to meet booming demand. “Utility bills are going to become one of your biggest monthly expenses,” other than rent or mortgage payments, Chief Executive Officer Aaron Jagdfeld said in an interview Friday at Bloomberg News headquarters in New York. “Managing power usage will be very important as costs rise.”

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