M&A Deal Summary

RESA Power Acquires Prime Engineering

On October 15, 2024, RESA Power acquired electrical equipment company Prime Engineering

Acquisition Highlights
  • This is RESA Power’s 6th transaction in the Electrical Equipment sector.
  • This is RESA Power’s 7th transaction in Canada.
  • This is RESA Power’s 3rd transaction in British Columbia.

M&A Deal Summary
Date 2024-10-15
Target Prime Engineering
Sector Electrical Equipment
Buyer(s) RESA Power
Deal Type Add-on Acquisition

Target

Prime Engineering

Victoria, British Columbia, Canada
Prime Engineering is a full-service electrical design, engineering, supply, and services business that has specialized in medium voltage electrical power and control systems. Prime Engineering was founded in 2010 and is based in Victoria, British Columbia.

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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 19 of 19
Sector (Electrical Equipment) 6 of 6
Type (Add-on Acquisition) 18 of 18
State (British Columbia) 3 of 3
Country (Canada) 7 of 7
Year (2024) 7 of 7
PREVIOUS 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.

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