RESA Power, LLC (“RESA Power” or the “Company”), a market leader in power systems electrical testing, transformer services, and life extension solutions for power distribution equipment, has acquired Accurate Power Group Limited (“Accurate”).
Based in Vancouver, British Columbia, Accurate has provided electrical testing and infrared thermography to customers in a diverse range of end markets – including commercial, industrial, healthcare, telecommunication, institutional, critical data management, and large-scale residential – since 2005.
Thestrategicacquisition-RESAPower'ssecondcompleted incollaborationwithKohlberg-adds technical expertise and complementary capabilities to the Company's existing product and service offerings, and bolsters its ability to perform vault maintenance and infraredthermographyservices in the rapidly growing greater Vancouver market.
KevinNoonan,PresidentofRESAPower's Canadianbusiness,commented,”This acquisition adds meaningful new capabilities and expertise to our expanding Canadian business, allowing us to provide an even wider spectrum of services to our existing customer base. Accurate President and Owner, DarrenBoeur, has built an impressive business over the last two decades, and we are eager to welcome him and his team to RESA Power. We look forward to working together to accelerate business growth.”
Boeur added, “I'm delighted to join RESA Power, the ideal partner to help develop and scale our business, both locally and regionally. RESAPowerprovides usimmediateaccess toabroadrange of products and services our existing customers require, as well as a large roster of skilled technicians and financial resources to fuel future growth.”
This acquisition marks RESA Power's ninth in Canada in the past three years and is part of a purposeful growth strategy that has successfully expanded the Company's reach to 14 locations across three provinces.
AboutRESAPower
RESA Power, a portfolio company of Kohlberg, is a market leader in power systems services and life extension solutionsforpower distributionequipmentusedinmission-criticalenvironments.Withover50locations acrossthe UnitedStates andCanada, RESA Power is uniquely capable of ensuring its customers' critical power systems are safe, reliable, and operating at peak efficiency. The technicians and engineers atRESA Power are experts in testing and servicing transformers, relays, breakers, and other key components of power distribution and control systems. RESA Power also provides quick turnaround custom manufactured or retrofit switchgear and breaker solutions and maintains an extensive inventory of obsolete and hard-to-find components. For more information about how to join the RESA Power group, visit www.resapower.comor follow @RESAPower on LinkedIn.
AboutKohlberg
Founded in 1987, Kohlberg is a leading U.S. middle market private equity firm based in Mount Kisco, New York. The firm invests in high-quality healthcare and services companies characterized by strong market positions, recurring revenue streams and resilient end markets, which it identifies through rigorous thematic research grounded in its White Paper Program. Leveraging its team of investment and operating professionals,Kohlberg works with management teams to accelerate growth, enhance operational excellence and create value. For more information, please visit www.kohlberg.com.
Mediacontacts For RESA Power Alexis Motl832-900-8340403453@email4pr.com
ForKohlbergAmandaShpiner/JonathanWarren Gasthalter & Co.212-257-4170403453@email4pr.com
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SOURCE RESA Power
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