Announced

Completed

Trilantic-backed Sunbelt Solomon completed the acquisition of Maxima Power.

Synopsis

Trilantic-backed Sunbelt Solomon, a provider of customized electrical power solutions and services, completed the acquisition of Maxima Power, a NETA accredited electrical engineering, automation solutions, and technical field services provider. Financial terms were not disclosed. "We are thrilled to add Maxima Power Group's team and capabilities to Sunbelt Solomon. Given the breadth, scale, and enhanced scope of services in critical power infrastructure, the unified team will be able to offer our customers a unique experience in the industry. Overnight, our combined field services capabilities double in the United States, while in Canada the complementary nature of our existing temporary power and rental services blended with our strong field services presence establishes an unparalleled product offering, while creating a foundation to deploy the complete portfolio of repaired and reconditioned power distribution equipment across Maxima's service lines. Broadening Sunbelt Solomon's presence in the Americas via Maxima's operation in Chile also provides a superb expansion path for our products and services beyond our traditional North American market," Gus Cedeño, Sunbelt Solomon CEO.

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