Integrated Power Services Strengthens Portfolio with Acquisition

Author: Caleb Price Updated: 09-10-2024 02:45 PM

Integrated Power Services Enhances Power Management

Integrated Power Services (IPS), a prominent player in the electromechanical solutions sector, has recently taken a significant step forward by acquiring DUAL-Électrotech Inc. This strategic acquisition not only amplifies IPS's existing product and service offerings but also extends its capabilities in substation engineering, maintenance, and repair services.

DUAL-Électrotech's Expertise and Service Range

Established in Sherbrooke, Quebec, DUAL-Électrotech specializes in a wide range of electrical products and services tailored for various industrial sectors including power generation, agriculture, and manufacturing. With a strong foothold in the Canadian market, the company has built a reputation for delivering high-quality services in low-, medium-, and high-voltage electrical systems. Shannon Moses, Executive Vice President for Power Management at IPS, highlighted that this acquisition greatly complements IPS's existing services, aiming to deliver innovative single-source solutions to a variety of sectors.

Growth Through Collaboration

“This merger represents a remarkable opportunity,” stated Eric Ducharme, Area General Manager at DUAL-Électrotech. “We believe that by synergizing our strengths with those of IPS, we can provide our clients with a broader spectrum of top-notch services and products.” This collaboration aims to not only improve service quality but also ensure a brighter future for employees at both companies.

Impact on IPS’s Network and Operations

Post-acquisition, IPS manages a substantial network of 91 locations which includes a mix of full-service electromechanical remanufacturing centers and specialized power management facilities. Serving clients across North America and beyond, IPS continues to establish itself as a leader in providing effective power solutions.

Prior Strategic Moves by IPS

This acquisition is a continuation of IPS's growth trajectory, which was further emphasized by their recent acquisition of Surplec, a Canadian authority in power and specialty transformer services. These strategic moves indicate IPS's commitment to enhancing their service delivery across Quebec and Ontario while solidifying their status as a comprehensive solutions provider in the industry.

About Integrated Power Services

Headquartered in Greenville, South Carolina, IPS is recognized for its extensive capabilities in engineering, service, and remanufacturing of electrical and mechanical systems. With a focus on industry-specific needs, IPS effectively addresses various infrastructure challenges while offering tailored solutions. The network of service and distribution centers enables IPS to respond to clients promptly with resources that are extensive and expertly managed.

Explore the Future with Integrated Power Services

As IPS continues to expand its reach through strategic acquisitions, the company remains dedicated to driving innovation and delivering quality solutions to its diverse clientele.

Frequently Asked Questions

What benefits does the acquisition bring to IPS?

The acquisition of DUAL-Électrotech enhances IPS's product range and service capabilities, particularly in power management and substation services.

How does DUAL-Électrotech fit into IPS’s overall strategy?

DUAL-Électrotech brings expertise in the electrical industry which synergizes well with IPS's objectives of providing integrated solutions across multiple sectors.

What areas do DUAL-Électrotech serve?

DUAL-Électrotech serves various industries including electric power generation, agriculture, and manufacturing, delivering low- to high-voltage electrical products and services.

How does IPS maintain its competitive edge?

IPS maintains a competitive edge through strategic acquisitions and a robust network that allows for immediate response and tailored services across sectors.

Where can I find more information about IPS?

For further details about Integrated Power Services, you can visit their official websites.

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