Integrated Power Services to acquire Industrial Electric Machinery, Reed Electric & Field Service, and A+ Electric Motor.

Integrated Power Services, a provider of electric motor and generator services, agreed to acquire Industrial Electric Machinery, Reed Electric & Field Service, and A+ Electric Motor, three industrial services firms. Financial terms were not disclosed. "Industrial Electric Machinery has a longstanding reputation as a leader in power and rotating equipment services. IPS shares our desire to be world class, to be a destination for customers and employees, and to be thought leaders in the space. It was evident immediately that IPS is a great fit and we’re excited to join the IPS team!," Spencer Wiggins, IEM President.