M&A Deal Summary

Qualus Acquires Asset Engineering

On June 17, 2024, Qualus acquired engineering company Asset Engineering

Acquisition Highlights
  • This is Qualus’ 2nd transaction in the Engineering sector.
  • This is Qualus’ 3rd transaction in the United States.
  • This is Qualus’ 1st transaction in Mississippi.

M&A Deal Summary
Date 2024-06-17
Target Asset Engineering
Sector Engineering
Buyer(s) Qualus
Deal Type Add-on Acquisition

Target

Asset Engineering

Ridgeland, Mississippi, United States
Asset Engineering is a power system engineering firm, serving utilities, electric cooperatives, industrial clients, and renewable and energy storage developers, with specialized design and project management services. Asset Engineering was founded in 2000 and is based in Ridgeland, Mississippi.

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Buyer(S) 1

Buyer

Qualus

Cincinnati, Ohio, United States
Category Company
Sector Engineering
DESCRIPTION

Qualus is a provider of specialized engineering and technical field services. Qualus plays a vital role in the modernization of the electric power infrastructure, decarbonization of the economy, and the broader energy transition. Qualus is based in Cincinnati, Ohio.

DEAL STATS #
Overall 4 of 6
Sector (Engineering) 2 of 2
Type (Add-on Acquisition) 4 of 5
State (Mississippi) 1 of 1
Country (United States) 3 of 5
Year (2024) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-07 EnKompass

Bolton, Ontario, Canada

EnKompass is an electrical engineering and technical services firm that provides studies, power systems engineering, retrofit, commissioning, and specialized field services. Enkompass serves clients across a broad range of sectors in Canada, including data centers, telecommunications, health, pharmaceutical, industrial, commercial, and government. EnKompass was founded in 2009 and is based in Bolton, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-15 Linda Rogers & Associates

Folsom, California, United States

Linda Rogers & Associates is a specialized advisory, program management, and engineering firm with differentiated capabilities in information technology, regulatory compliance, and cybersecurity, in support of critical power infrastructure and network resiliency and reliability. Linda Rogers & Associates is based in Folsom, California.

Buy -
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