Experience
Buy-side Advice
Transaction advisory to Integrated Power Services on the acquisition of Surplec
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Company information
IPS is the leading North American solution provider for power management, electromechanical, and rotating equipment processes. The company serves over 13,000 customer locations across a wide range of end uses, including power generation, utilities, water and wastewater, petrochemicals, air separation, oil and gas, metals, mining, paper, aggregates, cement, hospitals, universities, commercial buildings, and data centers. Headquartered in Greenville, South Carolina, IPS has the industry’s largest network of locations, with service centers, distribution centers, and field service offices across North America, combining industry-specific experience with comprehensive engineering resources to revolutionize reliability for customers.
Target information
Surplec is a trusted provider of centralized services for medium and high-voltage transformers and equipment. With over 30 years of experience, they offer a comprehensive range of new and refurbished products that undergo rigorous testing according to ISO 17025 standards. Their rental service ensures prompt supply in case of breakdowns or short-term installations, backed by the largest inventory of refurbished items in Canada. With four specialized facilities, Surplec excels in efficient repairs and modernization during critical situations.