Add-on Acquisition • Business Services

Power Services Group Acquires Turbine Generator Maintenance

On February 6, 2014, Power Services Group acquired business services company Turbine Generator Maintenance

Acquisition Context
  • This is Power Services Group’s 3rd transaction in the Business Services sector.
  • This is Power Services Group’s 3rd transaction in the United States.
  • This is Power Services Group’s 2nd transaction in Florida.

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M&A Deal Summary

Date February 6, 2014
Target Turbine Generator Maintenance
Sector Business Services
Buyer(s) Power Services Group
Deal Type Add-on Acquisition

Target Company

Turbine Generator Maintenance

Cape Coral, Florida, United States
Turbine Generator Maintenance, Inc. is a steam turbine generator maintenance company that offers maintenance, repair and overhaul solution for turbines (steam and gas), generators, boilers, or other critical industrial applications. Turbine Generator Maintenance was founded in 1986 and is based in Cape Coral, Florida.
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Buyer Overview 1

Buyer

Power Services Group

Cape Coral, Florida, United States

Category Company
Sector Energy Services and Equipment
DESCRIPTION

Power Services Group is an independent provider of highly technical turbine generator maintenance, repair and overhaul services primarily serving the power, industrial and petrochemical markets. Power Services Group is based in Cape Coral, Florida.


Deal Context for Buyer #
Overall 3 of 3
Sector: Business Services 3 of 3
Type: Add-on Acquisition 3 of 3
State: Florida 2 of 2
Country: United States 3 of 3
Year: 2014 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-12 Airco

Punta Gorda, Florida, United States

Airco is a provider of a broad range of plant maintenance and repair services to Power Plants and Industrial manufacturers. Airco operates in three verticals, Industrial Services, Power Services, and Welding Services, each led by industry-experienced senior managers. Airco was founded in 1994 and is based in Punta Gorda, Florida.

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