M&A Deal Summary

GenServe Acquires Alternate Power

On June 9, 2016, GenServe acquired energy services and equipment company Alternate Power

Acquisition Highlights
  • This is GenServe’s 1st transaction in the Energy Services and Equipment sector.
  • This is GenServe’s 1st transaction in the United States.
  • This is GenServe’s 1st transaction in Illinois.

M&A Deal Summary
Date 2016-06-09
Target Alternate Power
Sector Energy Services and Equipment
Buyer(s) GenServe
Deal Type Add-on Acquisition

Target

Alternate Power

McHenry, Illinois, United States
Alternate Power, Inc. is a regional commercial generator service company with many long-standing relationships with major healthcare institutions in the Metro New York area.

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Buyer(S) 1

Buyer

GenServe

Bay Shore, New York, United States
Category Company
Founded 1990
Sector Energy Services and Equipment
DESCRIPTION

GenServe is an independent provider of scheduled and emergency power generator maintenance, repair and sales in the North Atlantic region serving commercial customers in various industries. GenServe was formed in 1990 and is headquartered in Plainview, New York.

DEAL STATS #
Overall 1 of 12
Sector (Energy Services and Equipment) 1 of 2
Type (Add-on Acquisition) 1 of 10
State (Illinois) 1 of 2
Country (United States) 1 of 12
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-11 On Call Power

Bohemia, New York, United States

On Call Power Co., Inc. is a provider of maintenance and repair services to industrial generators and backup power solutions, as well as generator and equipment sales and rentals. On Call Power is based in Bohemia, New York.

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