Alpine Power Systems Acquires Selected Assets of DC Power Systems, Inc.

Alpine Power Systems Acquires Chicago Industrial Battery, Inc.

December 16, 2025

Industrial Services

Alpine Power Systems has acquired Chicago Industrial Battery, Inc., a Chicagoland provider of motive power batteries, chargers, rentals and services founded in 2010 by Mark Calderini. The purchase expands Alpine's PowerMAX used and rental motive power battery and charger offerings and broadens the company's geographic presence in the Chicago region; Calderini will remain actively involved in the business.

Enatel Inc. Acquires DC Power Technologies, Inc.

May 5, 2025

Industrial Services

Enatel Inc., an IDEAL Industries company, has acquired DC Power Technologies, Inc., a Marysville, Washington-based distributor and service provider of EcoCharge industrial battery chargers. The deal brings local US market expertise, software/service capabilities and technical support to Enatel as it expands and scales its EcoCharge battery charging business in North America.

Alpine Power Systems Acquires Austin Power Sales & Service

January 15, 2025

Industrial Services

Alpine Power Systems has acquired MS Power & Battery LLC, doing business as Austin Power Sales & Service, a Texas-based provider of data center battery and UPS products and services. The acquisition expands Alpine’s critical power capabilities and footprint in Texas and will integrate Austin Power into Alpine’s Critical Power Division as the company continues a growth-through-acquisition strategy.

Bentley Systems Acquires Power Line Systems from TA Associates for ~$700M

November 16, 2021

Software

Bentley Systems agreed to acquire Power Line Systems, a Madison, Wisconsin–headquartered leader in transmission-line engineering software, from private equity firm TA Associates for approximately $700 million. The acquisition expands Bentley's grid integration and digital twin offerings by adding transmission-grade PLS products to its portfolio and will operate within Bentley's new Grid Integration Group upon closing.

Arcline Investment Management Acquires Electric Power Systems and North American Substation Services

April 21, 2021

Infrastructure

Arcline Investment Management acquired Electric Power Systems (EPS) and North American Substation Services (NASS) from Industrial Growth Partners to create a leading electric infrastructure services platform (now branded Voltyx). Industrial Growth Partners retained a minority stake in the combined business; the deal brings together protection and control engineering, high-voltage apparatus testing, and substation maintenance capabilities to serve utilities, renewable energy, data center and commercial customers.

Alpine Investors Makes Growth Investment in Innovative Systems

January 12, 2021

Software

Alpine Investors has announced a strategic partnership and growth investment in Innovative Systems, a mission-critical enterprise software provider for independent telecommunications providers. The investment will fund product and operations expansion, support leadership transition with Alpine's CEO-in-Residence, and position Innovative Systems for broader market growth as U.S. rural broadband expands.