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Announced

Completed

Allied Industrial Partners-backed CES Power completed the acquisition of Echo Technologies 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

Private

Majority

Completed

Private Equity

Telecommunications Services: Other

telecommunications services

Friendly

Domestic

Acquisition

Single Bidder

Synopsis

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Allied Industrial Partners-backed CES Power, a provider of mobile power generation, distribution and temperature control equipment, completed the acquisition of Echo Technologies Services, a telecommunications company specializing in comprehensive connectivity services. Financial terms were not disclosed. "We are excited to welcome Jay and the entire Echo team as we continue to pursue our goal of becoming the global leader in providing full-service technology and energy solutions to the largest live events in the country. We are also proud to launch CES Technologies, which combines the complementary tech offerings of Echo and Brickworks in one software and interactive mapping platform, allowing clients and partners to have access to a full suite of connected and integrated services for real-time data and monitoring," Greg Landa, CES Power CEO.

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