High Road Capital Partners-backed Exponential Power completed the acquisition of MaeTec Power.

High Road Capital Partners-backed Exponential Power, a provider in stored power solutions utilized by industry leaders in energy services, utilities, industrial, telecom, data center, motive power, and material-handling markets, completed the acquisition of MaeTec Power, a provider of a service in the telecom and broadband industries across the United States. Financial terms were not disclosed. “Exponential Power is an impressive company, and we look forward to our future successes,” he added. Exponential Power was formed in January 2021 through the merger of Storage Battery Systems, Nolan Power Group, Quality Standby Services and Summit Power Systems, and since then, the company has been on a path of exponential growth. MaeTec is Exponential Power’s third acquisition in the past four months. “The strength of our combined legacies brings tremendous value to our customers,” Mark Miller, MaeTec President.