Integrated Power Services Acquires Industrial Electric Motor Works

Integrated Power Services Acquires Industrial Electric Machinery, Reed Electric & Field Service, and A+ Electric Motor

January 25, 2022

Industrial Services

Integrated Power Services (IPS), a Searchlight Capital-backed provider of motor and generator repair and field services, acquired three Western U.S. electrical apparatus service firms — Industrial Electric Machinery (IEM), Reed Electric & Field Service, and A+ Electric Motor — to establish a leading presence in the western United States. The add-on transactions expand IPS’s service footprint, add seven service/repair facilities and over 100 employees across the region, and strengthen its capabilities in power, industrial and renewables end markets.

Integrated Power Services Acquires Demaria Electric Motor Services, Inc.

February 13, 2025

Industrial Services

Integrated Power Services (IPS) has acquired Demaria Electric Motor Services, Inc., a Paramount, California-based electromechanical repair and field services provider. The deal expands IPS's electromechanical service footprint in California and the Western United States, adding three service centers and specialized motor, pump, generator and blower repair capabilities.

Integrated Power Services Acquires Evans Enterprises, Inc.

December 20, 2022

Industrial Services

Integrated Power Services (IPS) has acquired Evans Enterprises, Inc., adding all eight Evans service locations to IPS's North American network. The acquisition expands IPS's geographic footprint across the South-Central United States and enhances its electromechanical, power management, and rotating equipment service capabilities.

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 (IPS) Acquires Tram Electric, Inc.

April 1, 2025

Industrial Services

Integrated Power Services (IPS), a Greenville, South Carolina-based provider of electromechanical and power management services, acquired Tram Electric, Inc., a Price, Utah-based electromechanical repair and remanufacturing company, effective April 1, 2025. The deal expands IPS's electromechanical and power management service network across the western United States and adds Tram Electric's four-location service footprint and remanufacturing capabilities to IPS's nationwide platform.

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.