Company milestones

Since our launch in 2007, IPS has combined strategic acquisitions with organic growth to build the business. We’re one company, made from many, working together to redefine reliability for our customers.

December 2022
December 2022

Evans Enterprises, Inc. acquired, adding eight service center locations to the IPS North American network.

July 2022
July 2022

Tampa Armature Works (TAW) acquired, expanding IPS's power service capabilities, coverage, and distribution.

March 2022
March 2022

ABB's U.S. and Canadian Hydro Generator Rewind and Transformer Repair Businesses acquired, expanding IPS renewables & power management capabilities across its North America network.

January 2022
January 2022

IPS establishes leading presence in the western US with three acquisitions:

  • Industrial Electric Machinery (IEM)
  • Reed Electric & Field Service
  • A+ Electric Motor
December 2021
December 2021

National Switchgear and National Field Services acquired - Lewisville, TX

December 2021
December 2021

Searchlight Capital Partners acquires IPS

July 2021
July 2021

Rotek Services acquired

April 2021
April 2021

Delta Electric Motors and Eastside Electric Motors acquired

December 2020
December 2020

Industrial Electric Motor Works, Inc. acquired - Meridian, MS

November 2020
November 2020

Tesco Industrial, Inc. acquired - Regina, SK

February 2020
February 2020

Precision Electric Motorworks, Inc. acquired - Clifton, NJ

October 2019
October 2019

Excel Apparatus Services acquired - Charleston, SC

January 2016
January 2016

Higgins Electric's Industrial Repair Division acquired - Dothan, AL

January 2014
January 2014

IPS expands into Canada, acquiring:

  • KVA Dynamo - Winnipeg, MB
  • B+B Dynamo & Armature - Regina SK
  • King’s Electric Motors - Saskatoon, SK
May 2013
May 2013

Industrial Apparatus Services acquired - Beaumont, TX

May 2012
May 2012

Odyssey Investment Partners acquires IPS

September 2008
September 2008

Revenue doubles with three strategic acquisitons:

  • Electro-Mec - Indiana, PA
  • The Monarch Group - Cleveland, OH & Detroit, MI
  • Trico TCWind - Litchfield & Lake Benton, MN
July 2007
July 2007

Reliance Electric Power Services becomes Integrated Power Services. Company is founded with 352 employees. Riverside Capital Partners is principal owner.

For more information or to discuss a strategic opportunity with IPS, contact Lynleigh Richwine, our VP General Counsel & Business Development, here.

IPS has close working relationships with OEMs