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Announced

Completed

Integrated Power Services completed the acquisition of Lighthouse Global Energy.

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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Renewable Energy Equipment

Majority

Domestic

Friendly

Single Bidder

United States

wind turbine blades

Acquisition

Private

Completed

Synopsis

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Integrated Power Services, a provider of industrial maintenance services, completed the acquisition of Lighthouse Global Energy, an OEM wind turbine spare parts supplier and manufacturer. Financial terms were not disclosed. “My colleagues and I are excited about becoming part of IPS. IPS combines unique single-source capabilities for wind power with scale — which we want to align with. Renewable Energy is our future, and acquisitions like the one today make our industry stronger. We’re proud to add our distribution relationships, engineering, manufacturing, and services to the IPS North American network," Ruben Guerrero, Lighthouse Global Energy President.

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