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

January 25, 2022

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.

Buyers
Integrated Power Services, Searchlight Capital Partners
Targets
Industrial Electric Machinery, Reed Electric & Field Service, A+ Electric Motor
Sellers
Industrial Electric Machinery, Reed Electric & Field Service, A+ Electric Motor, Pacific consortium, Joe Perry, Chuck Perry, R.A. Reed Electric Company
Platforms
Integrated Power Services
Location
United States
Transaction Type
Addon

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