M&A Deal Summary

RESA Power Acquires Power Technical Services

On August 13, 2024, RESA Power acquired energy services and equipment company Power Technical Services

Acquisition Highlights
  • This is RESA Power’s 6th transaction in the Energy Services and Equipment sector.
  • This is RESA Power’s 11th transaction in the United States.
  • This is RESA Power’s 1st transaction in Illinois.

M&A Deal Summary

Date 2024-08-13
Target Power Technical Services
Sector Energy Services and Equipment
Buyer(s) RESA Power
Deal Type Add-on Acquisition

Target

Power Technical Services

Downers Grove, Illinois, United States
Power Technical Service is a full-service electrical testing business that has provided engineering & consulting, project management, startup & commissioning, and maintenance testing services. Power Technical Services was founded in 2001 and is based in Downers Grove, Illinois.

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Buyer(S) 1

Buyer

RESA Power

Houston, Texas, United States

Category Company
Founded 1928
Sector Energy Services and Equipment
DESCRIPTION

RESA Power is a provider of high-end, mission-critical electrical system services and products for industrial, commercial, institutional, government, and utility end-users across North America. The technicians and engineers at RESA are experts in testing and servicing transformers, relays, breakers and other key components of power distribution and control systems. It also provides quick turn-around custom manufactured or retrofit switchgear & breaker solutions and maintains an extensive inventory of obsolete and hard-to-find components. RESA Power was formed in 1928 and is based in Houston, Texas.


DEAL STATS #
Overall 17 of 20
Sector (Energy Services and Equipment) 6 of 8
Type (Add-on Acquisition) 16 of 19
State (Illinois) 1 of 1
Country (United States) 11 of 13
Year (2024) 5 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-18 Chem Lab

Calgary, Alberta, Canada

Chem Lab provides power transformer fluid diagnostic and Analysis services. Chem Lab was founded in 2008 and is based in Calgary, Alberta.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-20 High Voltage Electric Service

Albany, New York, United States

High Voltage Electric Service is a full-service electrical testing business that has provided acceptance, commissioning, and maintenance testing services. High Voltage Electric Service was founded in 1990 and is based in Albany, New York.

Buy -