Announced
Completed
Synopsis
Aurora Capital-backed GenServe, a provider of backup power solutions for commercial, industrial and critical infrastructure applications, completed the acquisition of Power and Energy Services, a provider of generator maintenance, repairs, rentals, engineering, and equipment solutions. Financial terms were not disclosed. "Power and Energy Services has developed a strong and respected position in the region, and we are thrilled to welcome their talented team into the GenServe family. PES shares our unwavering commitment to safety, reliability, and exceptional service. This partnership enhances our technical capabilities and furthers GenServe's mission to be the provider of choice for customers nationwide," Erik Leto, GenServe CEO.
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