CES Power Expands Portfolio with New Acquisition of Base Craft
CES Power Enhances Service Offerings with Base Craft Acquisition
CES Power LLC, a prominent global provider in the live events infrastructure sector, has recently made a strategic move by acquiring Base Craft, LLC, renowned for offering specialized services and equipment tailored for the motion picture industry. This acquisition marks a significant advancement in CES Power’s mission to deliver comprehensive solutions across various energetic landscapes.
Introducing CES Studio Services
Aligned with the acquisition of Base Craft, CES Power is set to unveil CES Studio Services, a brand-new division aimed at delivering integrated solutions for film, television, and broadcasting. This ambitious initiative is designed to foster collaborations and explore further opportunities, thereby establishing the division as a formidable player within the industry.
What Base Craft Brings to the Table
Base Craft boasts a robust portfolio that includes high-quality on-site production trailers, power generation systems, and a variety of essential equipment used in film and television productions. The company’s impressive array of resources also encompasses rental trucks and solar trailers equipped for hair and makeup, wardrobe, camera gear, and sound departments, enhancing the overall production efficiency.
Leadership Expansion
The management team from Base Craft, consisting of industry veterans such as Jeffrey Gowing, Hunter Andrews, Welch Lambeth, and Aaron Pigg, will integrate into the CES Studio Services leadership. This combination of talent aims to harness collective expertise to elevate the service offerings and solidify CES Power's presence in the television and motion picture market across North America.
Strategic Growth and Future Prospects
The announcement of this acquisition signifies CES Power's 13th official expansion since Allied Industrial Partners acquired the company in 2021. The ambition for further acquisitions continues, identifying strategic sectors ripe for growth, particularly within the entertainment and broadcasting industry.
CEO's Vision
Greg Landa, the CEO of CES Power, expressed enthusiasm about this new chapter: “Welcoming Jeff, Hunter, Welch, and Aaron, together with the entire Base Craft team, is an exciting milestone. Our goal is to establish CES Studio Services as the preferred provider in the motion picture industry, leveraging our vast capabilities to serve a broad spectrum of production requirements effectively.”
Benefits of Being Part of CES
Gowing, reflecting on his team’s integration, acknowledged the advantages brought by CES Power’s extensive resources and experience. This collaboration aims to enhance their existing service provisions, ensuring that both new and established clients receive exceptional support.
About CES Power
Founded in 2000 and headquartered in Jacksonville, CES Power has built a robust reputation for providing reliable and efficient power solutions across high-profile events. The company specializes in offering a variety of technology-driven power services that cater to sectors like broadcasting, entertainment, and industrial enterprises.
About Allied Industrial Partners
Allied Industrial Partners, a promising private equity firm established in 2019, invests significantly in high-growth industrial sectors, facilitating their development through active engagement and partnerships. The firm's current management portfolio includes over $1 billion in assets within diverse industrial categories.
Frequently Asked Questions
What did CES Power acquire?
CES Power acquired Base Craft, which provides specialty services and equipment for the motion picture industry.
What is the purpose of CES Studio Services?
CES Studio Services aims to offer integrated solutions for film, television, and broadcast industries while pursuing growth through partnerships.
Who are the key members of the Base Craft management team?
The Base Craft management team includes Jeffrey Gowing, Hunter Andrews, Welch Lambeth, and Aaron Pigg.
How many acquisitions has CES Power made since 2021?
CES Power has completed 13 acquisitions since it was acquired by Allied Industrial Partners in June 2021.
What sectors does CES Power serve?
CES Power serves various sectors, including broadcasting, entertainment, and industrial markets with reliable power solutions.
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