Add-on Acquisition • Engineering

CE Power Solutions Acquires Hope Engineering Services Co.

On May 16, 2014, CE Power Solutions acquired engineering company Hope Engineering Services Co.

Acquisition Context
  • This is CE Power Solutions’ 1st transaction in the Engineering sector.
  • This is CE Power Solutions’ 1st transaction in the United States.
  • This is CE Power Solutions’ 1st transaction in Michigan.

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M&A Deal Summary

Date May 16, 2014
Target Hope Engineering Services Co.
Sector Engineering
Buyer(s) CE Power Solutions
Deal Type Add-on Acquisition

Target Company

Hope Engineering Services Co.

Brighton, Michigan, United States
Hope Engineering Services Co. is an engineering services, maintenance testing, and turnkey solutions for ongoing electrical needs.
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Buyer Overview 1

Buyer

CE Power Solutions

Cincinnati, Ohio, United States

Category Company
Founded 2001
Sector Utilities
DESCRIPTION

CE Power Solutions LLC is an independent provider of outsourced power system engineering, project management, testing, and maintenance services that enhance the functionality and reliability of the electric grid. CE Power provides its services to electric utilities and industrial companies, and commercial clients with critical power applications such as hospitals and data centers. CE Power’s services are delivered with the core business values of honesty and safety for employees, customers, and suppliers.


Deal Context for Buyer #
Overall 1 of 2
Sector: Engineering 1 of 1
Type: Add-on Acquisition 1 of 2
State: Michigan 1 of 1
Country: United States 1 of 2
Year: 2014 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-09 Power & Generation Testing

Nashville, Tennessee, United States

Power & Generation Testing, Inc. provides electrical power testing, maintenance, and emergency response services for industrial and utility clients in Tennessee and surrounding areas.

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