M&A Deal Summary

Qualus Power Services Acquires Power Grid Engineering

On August 31, 2018, Qualus Power Services acquired utilities company Power Grid Engineering

Acquisition Highlights
  • This is Qualus Power Services’ 2nd transaction in the Utilities sector.
  • This is Qualus Power Services’ 2nd transaction in the United States.
  • This is Qualus Power Services’ 1st transaction in Florida.

M&A Deal Summary
Date 2018-08-31
Target Power Grid Engineering
Sector Utilities
Buyer(s) Qualus Power Services
Deal Type Merger

Target

Power Grid Engineering

Lake Mary, Florida, United States
Power Grid Engineering LLC specializes in substation design, field testing and commissioning and consultation for the power systems industry. Its corporate headquarters are located in Central Florida with regional offices in Birmingham, Alabama, El Dorado, Kansas and Raleigh, North Carolina, each equipped with the most current industry resources available to ensure high-quality customer service. Power Grid Engineering’s services include relay settings, protection and control, substation engineering, generation interconnect, field services, planning and systems studies, program management and power systems training.

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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 2 of 4
Sector (Utilities) 2 of 3
Type (Merger) 2 of 2
State (Florida) 1 of 1
Country (United States) 2 of 4
Year (2018) 2 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
2021-08-31 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.

Buy -
Mergr

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