Announced
Completed
Synopsis
Kohlberg-backed RESA Power, a provider of electrical distribution systems and services, completed the acquisition of Societe Generale d'Electrotechnique, a company specializing in electrical engineering and construction services. Financial terms were not disclosed. "This significant acquisition marks RESA's continued expansion across Canada, and we are proud to now have a hub of operations in the great province of Quebec. In close partnership with the team at SGE, we will now be able to offer electrical construction, engineering, and testing services as well as in-house manufacturing of medium and high-voltage power transformers to utility and industrial customers in Quebec and across Canada. As the founder of SGE, Jean-Yves Côté, has built an extremely customer-focused business that has earned a reputation for the highest levels of technical expertise, service quality, and customer service, which aligns well with our business culture at RESA Power," Kevin Noonan, RESA Power President of Canadian business.
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