Unified Power, a portfolio company of Pfingsten Partners, has acquired Critical Power USA, a provider of services and equipment to the uninterruptible power market.
Critical Power USA provides emergency service, installation service, preventive maintenance service, battery replacement, capacitor replacement, demand maintenance and first responder training. The company also provides equipment including UPS systems, DC power plants, numerous battery products, and current inverter systems. Critical Power USA is based west of Baltimore in Frederick, MD (www.criticalpowerusa.com).
Unified Power is a provider of preventative, remedial and emergency maintenance services, equipment and parts to the uninterruptible power supplies industry. The company operates two business lines: the services division includes full service and preventative maintenance contracts, time and material services, load bank testing and thermographic services; and the equipment division provides equipment recycling and refurbishment, parts sales and rental power equipment. Unified Power is led by CEO Chris Roach and is based east of Dallas in Terrell, TX (www.unifiedpowerusa.com).
The buy of Critical Power USA is Unified Power’s sixth add-on acquisition since Pfingsten became the majority shareholder in 2011. Earlier add-ons were Power Protection Unlimited (Rosedale, MD); United Power Service Company (Glenmont, OH); Power Protection Services (Mesquite, TX); the UPS Division of LionHeart Power Systems (Huntley, IL); and 24/7 Technology (Marietta, GA).
Pfingsten invests in middle market manufacturing, distribution and business services companies that have transaction values ranging from $15 million to $100 million and EBITDA between $3 million and $12 million. Since founding in 1989, Pfingsten has acquired 114 such companies through five funds with total commitments of $1.3 billion. The firm is based in Chicago with additional representative offices in India and China (www.pfingsten.com).
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