M&A Deal Summary

GenServe Acquires OK Generators

On April 6, 2022, GenServe acquired energy services and equipment company OK Generators

Acquisition Highlights
  • This is GenServe’s 2nd transaction in the Energy Services and Equipment sector.
  • This is GenServe’s 8th transaction in the United States.
  • This is GenServe’s 1st transaction in Florida.

M&A Deal Summary
Date 2022-04-06
Target OK Generators
Sector Energy Services and Equipment
Buyer(s) GenServe
Deal Type Add-on Acquisition

Target

OK Generators

Deerfield Beach, Florida, United States
OK Generators provides maintenance and repair services to generators and backup power solutions, as well as generator and related equipment sales and rentals. The Company is a key player in the Florida generator market, serving a diverse set of customers in the municipal and commercial end markets. OK Generators is based in Deerfield Beach, Florida.

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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 8 of 12
Sector (Energy Services and Equipment) 2 of 2
Type (Add-on Acquisition) 7 of 10
State (Florida) 1 of 1
Country (United States) 8 of 12
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-16 LJ Power

Austin, Texas, United States

LJ Power provides maintenance and repair services to generators and backup power solutions as well as generator and related equipment sales and rentals. LJ Power is based in Austin, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-03 Illini Power Products

Carol Stream, Illinois, United States

Illini Power Products provides maintenance and repair services for generators and backup power solutions, as well as generator and related equipment sales. Illini Power Products is based in Carol Stream, Illinois.

Buy -
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