Integrated Power Services Acquires Lighthouse Global Energy

Searchlight Capital Acquires Majority Stake in Integrated Power Services

October 19, 2021

Industrial Services

Funds advised by Searchlight Capital Partners agreed to acquire a majority stake in Integrated Power Services (IPS) from funds advised by Odyssey Investment Partners. IPS, headquartered in Greenville, South Carolina, is an industrial aftermarket services provider for motors, generators, pumps and power systems across industrial and renewable energy end-markets; the deal is expected to close later this year subject to customary regulatory approvals.

Integrated Power Services Acquires Wind Solutions LLC

December 4, 2023

Renewable Energy

Integrated Power Services (IPS) has acquired Wind Solutions LLC, a Sanford, North Carolina-based specialist in repair upgrades, accessory components, and patent-protected yaw system components for utility-scale wind turbines. The acquisition expands IPS’s renewables capabilities by adding in-house design, engineering, manufacturing and IP to support owner-operators and utilities across North America.

Integrated Power Services (IPS) Acquires Switchgear Solutions, Inc.

December 19, 2024

Industrial Services

Integrated Power Services (IPS), a Greenville, South Carolina–based provider of electrical, mechanical and power management services, has acquired Tucson-based Switchgear Solutions, Inc. The acquisition expands IPS's footprint and capabilities in the Southwestern United States, adding Switchgear Solutions' remanufacturing, field and engineering services for mining, utilities and industrial customers.

Integrated Power Services Acquires National Switchgear and National Field Services

December 27, 2021

Industrial Services

Integrated Power Services (IPS) acquired National Switchgear and National Field Services, a Lewisville, Texas-based provider of power distribution equipment, field services, remanufacturing and technical training. The deal expands IPS’s power management capabilities, service coverage and distribution footprint across North America and brings National’s five locations and accredited field technicians into IPS’s network.

LS Power Acquires bp's US Onshore Wind Business

December 9, 2025

Energy

LS Power completed the acquisition of bp’s US onshore wind business, BP Wind Energy North America Inc., adding approximately 1,300 MW of operating onshore wind capacity across 10 projects. The assets will be integrated into LS Power affiliate Clearlight Energy, expanding Clearlight’s national footprint and increasing LS Power’s North American renewable generation scale.

Integrated Power Services Acquires TechPro Power Group

January 29, 2026

Industrial Services

Integrated Power Services (IPS) has completed the acquisition of TechPro Power Group, Inc., a provider of power systems lifecycle management and field services. The deal expands IPS’s technical capabilities and geographic coverage across North America, enhancing service offerings for mission-critical end markets such as data centers, utilities and oil & gas.