M&A Deal Summary

Power Services Group Acquires Orbital Energy Services

On July 1, 2012, Power Services Group acquired business services company Orbital Energy Services

Acquisition Highlights
  • This is Power Services Group’s 1st transaction in the Business Services sector.
  • This is Power Services Group’s 1st transaction in the United States.
  • This is Power Services Group’s 1st transaction in Georgia.

M&A Deal Summary
Date 2012-07-01
Target Orbital Energy Services
Sector Business Services
Buyer(s) Power Services Group
Deal Type Add-on Acquisition

Target

Orbital Energy Services

Gainesville, Georgia, United States
Orbital Energy Services is a provider of inspections, in-house, and on-site machining and repair services, shaft and journal repairs, fan shaft restoration, and steam valve repairs for utilities and power generation clients. The company services the Utilities, Pulp and Paper, Municipal Power, and Turbine/Valve OEM industries. OTT deploys experienced field technicians, field service equipment, and numerous portable machine shops to handle both planned outages and emergency work. The company also performs advanced in-house and on-site machining to remove and replace repaired parts, optical and laser alignment, reverse engineering, and turbine part replacement. Orbital Energy Services was founded in 1996 and is based in Gainesville, Georgia.

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Buyer(S) 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 STATS #
Overall 1 of 3
Sector (Business Services) 1 of 3
Type (Add-on Acquisition) 1 of 3
State (Georgia) 1 of 1
Country (United States) 1 of 3
Year (2012) 1 of 2
FOLLOWING 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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