Announced
Completed
Financials
Tags
Majority
Acquisition
Single Bidder
Electricity Distribution
Domestic
Disposal
Private
Completed
Private Equity
United States
management gas & power services
Friendly
Synopsis
Investcorp, an alternative investment firm completed the acquisition of RESA Power, a provider of power services, from Blue Sea Capital, a private equity firm. Financial terms were not disclosed. "We believe Investcorp's deep understanding of branch-based and human capital-centric Industrial Services businesses makes them an ideal partner for RESA's next chapter of growth. Investcorp's resources and expertise will help us accelerate our growth both organically and through acquisitions. We would like to thank Blue Sea Capital for their unwavering commitment to our business and true partnership orientation. It has been a pleasure to work with Blue Sea and we couldn't be happier for them," Monte Roach, RESA Power CEO.
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