M&A Deal Summary

CE Power Solutions Acquires Power & Generation Testing

On October 9, 2015, CE Power Solutions acquired energy services and equipment company Power & Generation Testing

Acquisition Highlights
  • This is CE Power Solutions’ 1st transaction in the Energy Services and Equipment sector.
  • This is CE Power Solutions’ 2nd transaction in the United States.
  • This is CE Power Solutions’ 1st transaction in Tennessee.

M&A Deal Summary
Date 2015-10-09
Target Power & Generation Testing
Sector Energy Services and Equipment
Buyer(s) CE Power Solutions
Deal Type Add-on Acquisition

Target

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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Buyer(S) 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 STATS #
Overall 2 of 2
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Tennessee) 1 of 1
Country (United States) 2 of 2
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-16 Hope Engineering Services

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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