Allied Industrial Partners Acquires CAT Entertainment Services (rebranded CES Power)
July 22, 2021
Allied Industrial Partners LLC (AIP) acquired CAT Entertainment Services—a portable/mobile power generation, distribution and temperature control business carved out from Ring Power Corporation—and will rebrand the business as CES Power. Ring Power will retain a minority stake; AIP plans to grow the business as a standalone platform and pursue organic expansion and add-on acquisitions to accelerate growth.
- Buyers
- Allied Industrial Partners LLC
- Targets
- CAT Entertainment Services (rebranded as CES Power)
- Sellers
- Ring Power Corporation
- Industry
- Industrial Services
- Location
- Tennessee, United States
- Transaction Type
- Buyout
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