Integrated Power Services Enhances Portfolio with Strategic Acquisition
Integrated Power Services Expands Its Reach
Integrated Power Services (IPS), renowned for its expertise in electrical, mechanical, and power management systems, has recently taken a significant step forward in business strategy by acquiring Demaria Electric Motor Services, Inc. This acquisition marks a pivotal moment for IPS, as it enhances their presence and service capabilities.
Strengthening Service Offerings
The addition of Demaria Electric to IPS facilitates a robust single-source solution for electromechanical repair and field services. With this merger, IPS is poised to offer unparalleled support to clients, showcasing three well-equipped service centers bolstered by highly skilled field teams. This strategy is set to create the largest electromechanical service network in California, effectively meeting customer demands.
Leaders in the Industry
Demaria Electric, a fixture in California's market since 1977, has garnered a loyal customer base over its 48 years of operation. Founded by Anthony Demaria, it has transitioned into a second-generation family-run business under the guidance of his sons, Daniel and Gary Demaria. This legacy positions them as a reliable provider for electromechanical services in the Western US.
Customer-Centric Approach
Daniel Demaria, President of Demaria Electric, notes their thoughtful approach during the acquisition, emphasizing the importance of choosing IPS. With a focus on employee and customer welfare, the decision solidifies the commitment of both entities to deliver exceptional solutions tailored to the needs of their clientele.
Technical Expertise and Infrastructure
Demaria Electric boasts an impressive array of emergency services, available 24/7, for electric motor, pump, generator, crane, and blower repairs. Their extensive technical knowledge has made them a go-to resource within various industries, including petroleum, power generation, and maritime manufacturing.
Advanced Service Centers
The recently acquired Paramount service center supports cutting-edge facilities, featuring a lifting capacity of 30 tons and specialized equipment capable of vacuum pressure impregnation repair. The company’s electric motor test stand can efficiently handle motors up to 4160 AC / 500 DC, ensuring top-tier service delivery.
Client Solutions and Support
Both IPS's President and CEO, John Zuleger, expresses enthusiasm regarding the acquisition, highlighting how Demaria Electric enriches their already esteemed operational network. This merger enables IPS to present an enhanced portfolio of power management and electromechanical service capabilities, focused on reliability and efficiency.
Continued Commitment to Innovation
With the acquisition of Demaria Electric, IPS is advancing its vision to Respond. Rethink. Resolve customer challenges. The company now operates a comprehensive network of 93 locations, consolidating its position as a leader in the service industry. This extensive operational footprint comprises 56 full-service electromechanical repair centers and additional power management remanufacturing facilities.
A Pioneer in Service and Technology
IPS stands as a beacon within the realms of service, engineering, and remanufacturing for electrical and mechanical systems. By leveraging its vast resources and industry-specific expertise, IPS supports vital infrastructure needs across diverse sectors. Their commitment is clear as they continue to innovate and offer comprehensive solutions that cater to complex challenges.
Frequently Asked Questions
What does the acquisition of Demaria Electric mean for IPS?
This acquisition strengthens IPS's service capabilities, creating the largest electromechanical service network in California and providing more comprehensive solutions for customers.
How long has Demaria Electric been in operation?
Demaria Electric has been in business since 1977, making them a trusted provider of electromechanical services for nearly five decades.
What industries does Demaria Electric serve?
Demaria Electric provides services to various industries, including petroleum, power generation, maritime, and industrial manufacturing, ensuring a broad reach.
What are the key services offered by IPS?
IPS specializes in service, engineering, and remanufacturing for electrical, mechanical, and power management systems, addressing various infrastructure needs.
Where is Integrated Power Services headquartered?
Integrated Power Services is headquartered in Greenville, South Carolina, and operates a vast network across North America and beyond, ensuring client accessibility.
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