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New Deal


Announced

RESA Power to acquire Crews Electrical Testing.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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electrical testing

Friendly

United States

Pending

Private

Electrical Components

Acquisition

Domestic

Single Bidder

Majority

Synopsis

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RESA Power, a provider of power systems services and life extension solutions for power distribution equipment, agreed to acquire Crews Electrical Testing, a company specializing in low and medium voltage electrical equipment. Financial terms were not disclosed. “We have long respected CET as a high quality provider of NETA services. We are thrilled to have them join the RESA team! CET has built a formidable reputation over the last two decades for providing NETA-accredited testing services and has deservedly earned a very loyal customer base. Their capabilities will complement our existing businesses in the southeast and allow us to offer our customers a complete portfolio of engineered products and expanded electrical testing services,” Monte Roach, RESA Power CEO.

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