M&A Deal Summary

CES Power Acquires Abird

On March 28, 2024, CES Power acquired electrical equipment company Abird from HSS Hire

Acquisition Highlights
  • This is CES Power’s 3rd transaction in the Electrical Equipment sector.
  • This is CES Power’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2024-03-28
Target Abird
Sector Electrical Equipment
Buyer(s) CES Power
Sellers(s) HSS Hire
Deal Type Divestiture

Target

Abird

Sandwich, United Kingdom
website
Abird is a diesel-electric generator hire company that specializes in short and long-term contracts supplying, fitting, and servicing single and three-phase generators from 20kVA to 1250kVA. Abird operators across a diverse range of industry sectors and supplies additional hire services including lighting towers and suppliers to support power generation. Abird was founded in 1990 and is based in Sandwich, United Kingdom.

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Buyer(S) 1

Buyer

CES Power

Memphis, Tennessee, United States

website


Category Company
Founded 2000
Sector Utilities
DESCRIPTION

CES Power is a provider of specialty mobile power generation, power distribution, and temperature control services. CES Power was founded in 2000 and is based in Memphis, Tennessee.


DEAL STATS #
Overall 11 of 11
Sector (Electrical Equipment) 3 of 3
Type (Divestiture) 1 of 1
Country (United Kingdom) 2 of 2
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-18 Fourth Generation

London, United Kingdom

Fourth Generation is a full-service provider of power generation equipment and services for premier live events worldwide. Fourth Generation is based in London, United Kingdom.

Buy -

Seller(S) 1

SELLER

HSS Hire

Manchester, United Kingdom

website


Category Company
Founded 1957
Sector Business Services
Employees2,000
Revenue 333M GBP (2022)
DESCRIPTION

HSS Hire is a national supplier of tools, equipment and related services. HSS is a tool and equipment hire chain that has been serving big businesses, trade and DIY customers since 1957. Operating under the banner of HSS Hire, the group has an established nationwide network with a 2,000-strong workforce and a fleet of over 500 liveried vehicles. HSS operates from a national network of 230 distribution centres and branches in UK and Ireland. HSS Hire was formed in 1957 and is based in Manchester, United Kingdom.


DEAL STATS #
Overall 3 of 3
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 2 of 2
Country (United Kingdom) 3 of 3
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-30 All Seasons Hire

Hampshire, United Kingdom

All Seasons Hire is an HVAC rental companies, focussed on delivering specialist heating and cooling solutions to a blue-chip customer base including FM’s, manufacturing, logistics, local government, and M&E contractors. All Seasons Hire was established in 2006 and is based in Hampshire, United Kingdom.

Sell -