Concentric Acquires Jantech Services (subsidiary of Mitsubishi Heavy Industries involved)
February 16, 2024
Concentric, a national industrial power services organization (now a subsidiary of Mitsubishi Heavy Industries Ltd.), has acquired Jantech Services, Inc., a provider of UPS systems, batteries and related installation, testing and maintenance services. The acquisition expands Concentric’s mission-critical power capabilities and East Coast footprint to better serve data centers, hospitals, telecom and other facility customers.
- Buyers
- Concentric, LLC, Mitsubishi Heavy Industries Ltd.
- Targets
- Jantech Services, Inc.
- Sellers
- Jantech shareholders
- Industry
- Industrial Services
- Location
- Florida, United States
- Transaction Type
- Buyout
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