Announced
Synopsis
Searchlight Capital Partners-backed Integrated Power Services, a provider of power management and electromechanical service solutions, agreed to acquire TechPro Power Group, a specialized power management service company. Financial terms were not disclosed. “We are thrilled to welcome TechPro and its exceptionally talented team to IPS. TechPro represents a strategic leap for both of our companies. With our combined 2,200 highly skilled technicians and engineers, we will bring an even deeper level of technical expertise and geographic presence, while accelerating our growth in mission-critical sectors including data centers, utilities, and a broad base of industrial facilities,” John Zuleger, IPS President and CEO.
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