Portable Power Systems, Inc. agreed to acquire TNR Technical, Inc. on March 18, 2022. As per the terms of the agreement, shareholders shall receive $12.63 for each share of TNR Technical. Post deal completion, Portable Power Systems shall be the accounting survivor in the deal.

Portable Power Systems, Inc. completed the acquisition of TNR Technical, Inc. on March 18, 2023, which is an estimated completion date.