Integrated Power Services Acquires Surplec

June 23, 2023

Integrated Power Services (IPS), a Greenville, South Carolina–based provider of power management and electromechanical services, has acquired Surplec, a Sherbrooke, Quebec–headquartered specialist in remanufacturing and managing surplus medium- and high-voltage transformers. The deal adds transformer remanufacturing, repair, rental and high‑voltage testing capabilities to IPS’s Canadian footprint and expands service coverage across Quebec, Ontario and Alberta.

Buyers
Integrated Power Services
Targets
Surplec
Sellers
Mario Lambert (founder and owner of Surplec)
Platforms
Integrated Power Services
Location
Quebec, Canada
Transaction Type
Addon

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