M&A Deal Summary

TechPro Power Group Acquires Potomac Testing

On January 15, 2020, TechPro Power Group acquired test/measurement equipment company Potomac Testing

Acquisition Highlights
  • This is TechPro Power Group’s 1st transaction in the Test/Measurement Equipment sector.
  • This is TechPro Power Group’s 1st transaction in the United States.
  • This is TechPro Power Group’s 1st transaction in Maryland.

M&A Deal Summary
Date 2020-01-15
Target Potomac Testing
Sector Test/Measurement Equipment
Buyer(s) TechPro Power Group
Deal Type Add-on Acquisition

Target

Potomac Testing

Crofton, Maryland, United States
Potomac Testing provides a full range of independent electrical services in the areas of electrical equipment acceptance testing, maintenance testing, troubleshooting, cable fault locating, emergency repairs, short circuit coordination studies, power system analysis, and conditioning and customized testing procedures to meet many unique situations. Potomac Testing was founded in 1985 and is based in Crofton, Maryland.

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Buyer(S) 1

Buyer

TechPro Power Group

Fort Worth, Texas, United States
Category Company
Founded 1993
Sector Test/Measurement Equipment
DESCRIPTION

TechPro Power Group, through its subsidiaries TDS and Potomac, is a provider of electrical, instrumentation and controls testing and NETA-certified electrical testing and power quality surveys to the power, utility, refining, datacenter, institutional and commercial markets.

DEAL STATS #
Overall 1 of 2
Sector (Test/Measurement Equipment) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Maryland) 1 of 1
Country (United States) 1 of 2
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-28 Sentinel Power Services

Tulsa, Oklahoma, United States

Sentinel Power Services is an electrical equipment testing, commissioning, and troubleshooting services provider, as well as supporting its clients with large motor expertise. As the company expanded, engineering capabilities were added to address its client's need for power systems analysis and P&C engineering. Sentinel has developed into a multi-discipline design engineering firm offering a complete suite of solutions and services with hands-on experience and field expertise. Sentinel was formed in 1998 and is based in Tulsa, Oklahoma.

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