M&A Deal Summary

Qualus Power Services Acquires Patterson Power Engineers

On August 31, 2021, Qualus Power Services acquired utilities company Patterson Power Engineers

Acquisition Highlights
  • This is Qualus Power Services’ 3rd transaction in the Utilities sector.
  • This is Qualus Power Services’ 3rd transaction in the United States.
  • This is Qualus Power Services’ 1st transaction in Tennessee.

M&A Deal Summary
Date 2021-08-31
Target Patterson Power Engineers
Sector Utilities
Buyer(s) Qualus Power Services
Deal Type Add-on Acquisition

Target

Patterson Power Engineers

Chattanooga, Tennessee, United States
Patterson Power Engineers is an engineering firm in the power system protection space. PPE’s focus is on power system protection and analysis and the company’s engineers are dedicated to being the best in their field. Patterson Power Engineers was founded in 2010 and is based in Chattanooga, Tennessee.

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Buyer(S) 1

Buyer

Qualus Power Services

Cincinnati, Ohio, United States
Category Company
Founded 2018
Sector Energy Services and Equipment
DESCRIPTION

Qualus Power Services is a provider of engineering and specialized technical field services to utility and private power grid infrastructure. Qualus Power Services was founded in 2018 and is based in Cincinnati, Ohio.

DEAL STATS #
Overall 3 of 4
Sector (Utilities) 3 of 3
Type (Add-on Acquisition) 1 of 2
State (Tennessee) 1 of 1
Country (United States) 3 of 4
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-31 CE Power Solutions

Cincinnati, Ohio, United States

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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-17 Phoenix Engineering Services

Tucker, Georgia, United States

Phoenix Engineering Services is an engineering and testing firm serving utility, municipal, commercial, renewable and generation clients. Phoenix Engineering Services is based in Tucker, Georgia.

Buy -
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