Industrial Growth Partners acquired Electric Power Systems International Inc.

Industrial Growth Partners acquired St. Louis, Missouri-based Electric Power Systems International Inc, a provider of outsourced electrical engineering, testing, repair and maintenance services. No financial terms were disclosed. The transaction creates a platform for EPS to accelerate its growth by aggressively pursuing its strategic initiatives. Steve Reed, President and CEO of EPS commented: “We are excited to partner with IGP as we continue to grow and strengthen our business. IGP specializes in supporting industry leading companies such as EPS. Their expertise and long track record of partnership makes them the right partner as we move into the next stage of our growth.”