Investcorp acquires RESA Power for electric power services

Investcorp acquires RESA Power for electric power services
Investcorp acquires RESA Power for electric power services
Investcorp has announced the acquisition of RESA Power, a provider of energy services that enhance the safety and efficiency of electric power systems. Terms of the deal were not disclosed.

Headquartered in Houston, RESA has more than 20 offices across the United States and Canada. It is a leading provider of maintenance, testing, system integration, and related distribution services to customers across the North American renewable, commercial and industrial energy markets. The company relies on a highly skilled and experienced staff base of NETA (International Electrical Testing Association) technicians, system solution technicians and engineers to serve more than six thousand customers. Yousef Al Yousef, Managing Partner of Investcorp Private Wealth, said: “We are pleased to have acquired RESA power and believe it is well positioned for growth, operating in a large and growing energy services market driven by many favorable macroeconomic factors, including the need to upgrade infrastructure. Public and private electrical. We appreciate the efforts of the company’s technicians and employees during the pandemic period, which contributed to enhancing growth over the past twenty months, and we look forward to benefiting from our expertise and resources to support RESA in its quest to accelerate its growth and enhance its competitive position.”

Monte Roach said: “We believe Investcorp’s deep understanding of the branch-based, human capital-focused industrial services business makes it an ideal partner for the next phase of RESA’s growth. Investcorp’s resources and expertise will help us accelerate our growth both organically and through acquisitions.”

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