HOUSTON, Aug. 13,
2024 /PRNewswire/ -- RESA Power, LLC (the "Company"),
a market leader in power systems electrical testing, transformer
services, and life extension solutions for power distribution
equipment, has announced the acquisition of Power Technical
Services, Inc. ("PTS"). This acquisition represents the fourth
successful addition to the RESA Power portfolio in 2024,
underlining the company's commitment to growth and excellence in
the industry.
Based in Downers Grove, IL,
Power Technical Service is a full-service electrical
testing business that has provided engineering &
consulting, project management, startup & commissioning, and
maintenance testing services since 2001.
With the PTS acquisition, RESA Power gains an immediate foothold
in the greater Chicago area and
joins forces with a company that has earned an unparalleled
reputation in providing specialized, highly competent utility and
industrial technical services.
Mike Mavetz, Senior Vice
President of RESA Power's Field Service business, commented on the
acquisition, "We are excited to partner with PTS and welcome Kevin
and his highly skilled and experienced team to RESA Power. Power
Technical Services has developed a reputation for providing a level
of customer service and technical competence that is second to
none. RESA Power will especially benefit from the elevated level of
expertise that PTS has in servicing customers in the utility
sector."
Kevin Rolley, owner and President
of Power Technical Services, Inc., added, "We've worked very hard
over the last 24 years to provide our customers with the highest
levels of technical expertise and service and I'm excited to
partner with RESA Power, a company which shares in my commitment to
excellence and customer focus. With RESA's support, we look forward
to offering our customers additional services and capabilities
while continuing to grow in our regional market."
Aligned with RESA Power's core values of recognizing employee
dedication, the company offers immediate eligibility for the
Employee Ownership Plan (EOP) to new team members joining through
acquisition who have completed or are nearing their first year of
service with the acquired company within the current year. This
distinctive benefit, exclusive to the electrical power industry,
demonstrates RESA Power's appreciation and fosters a culture of
shared ownership, empowering employees to contribute to the
company's long-term success.
About RESA Power
RESA Power, a portfolio company of Investcorp, a global
alternative investment firm, is a market leader in power systems
services and life extension solutions for power distribution
equipment used in mission-critical environments. With locations
across the United States and
Canada, RESA Power is uniquely
capable of ensuring its customers' critical power systems are safe,
reliable, and operating at peak efficiency. The technicians and
engineers at RESA Power are experts in testing and servicing
transformers, relays, breakers, and other key components of power
distribution and control systems. RESA Power also provides quick
turn-around custom manufactured or retrofit switchgear and breaker
solutions and maintains an extensive inventory of obsolete and
hard-to-find components. For more information about how to join the
RESA Power group, visit www.resapower.com or follow
@RESAPower on LinkedIn
Media Contact:
Julia Baranava
381695@email4pr.com
(832) 900-8343
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SOURCE RESA Power