Announced
Completed
Synopsis
Aurora Capital Partners, a middle-market private equity firm, completed the acquisition of GenServe, an independent provider of backup power solutions for commercial, industrial and critical infrastructure applications. Financial terms were not disclosed. "Aurora's track record and experience in the broader industrial and infrastructure services industry, commitment to partnering with management teams and expertise in implementing successful Buy & Build acquisition programs makes it the ideal growth capital partner for GenServe. We identified a significant opportunity to expand our business through M&A more than five years ago, and we are excited to partner with Aurora to continue executing that strategy while also maintaining a relentless focus on organic expansion, geographic growth and industry-leading customer service," Fred Smagorinsky, GenServe CEO.
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