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New Deal


Announced

Integrated Power Services to acquire Rotek Services.

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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United States

Single Bidder

Pending

Acquisition

Friendly

electrical equipment

Private

Domestic

electrical apparatus

Majority

Electrical Components

Synopsis

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Integrated Power Services, a provider of repair and maintenance services for electric motors, generators and mechanical power transmission components, agreed to acquire Rotek Services, a provider of electrical apparatus and motor repair services. Financial terms were not disclosed. “This sale was years in the making. Over that time, we’ve come to know and respect the people at IPS. We admire their dedication to continuous improvement and the Unmatched Customer Experience. There’s a need for innovative wind power services in this region — we intend to take care of it," Brian McNeil, Rotek Founder and Owner.

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