Announced

Completed

Kohlberg and IMCO completed the acquisition of a majority stake in RESA Power from Investcorp.

Synopsis

Kohlberg, a private equity firm, and IMCO, Ontario's professional asset manager, completed the acquisition of a majority stake in RESA Power, a provider of electrical testing, transformer services, engineering studies, and custom equipment solutions, from Investcorp, a global alternative investment firm. Financial terms were not disclosed. "RESA Power plays a vital role in keeping critical electrical infrastructure running safely and efficiently. We are thrilled to partner with RESA's management team to support the strong growth trajectory of the business as RESA looks to further expand its critical services to customers nationwide,” Benjamin Mao, Kohlberg Senior Partner.

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