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.
IPS acquires Wind Solutions, building its renewables portfolio with engineering and new product manufacturing specialists.
IPS acquires Lighthouse Global Energy, enhancing its product offering with wind power parts distribution and manufacturing.
IPS acquires Surplec, adding power management and remanufacturing capabilities in Canada.
Southland Electrical Group acquired, expanding IPS power management services.
Evans Enterprises, Inc. acquired, adding eight service center locations to the IPS North American network.
Tampa Armature Works (TAW) acquired, expanding IPS's power service capabilities, coverage, and distribution.
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.
IPS establishes leading presence in the western US with three acquisitions:
National Switchgear and National Field Services acquired - Lewisville, TX
Searchlight Capital Partners acquires IPS
Rotek Services acquired
Delta Electric Motors and Eastside Electric Motors acquired
Industrial Electric Motor Works, Inc. acquired - Meridian, MS
Tesco Industrial, Inc. acquired - Regina, SK
Precision Electric Motorworks, Inc. acquired - Clifton, NJ
Excel Apparatus Services acquired - Charleston, SC
Higgins Electric's Industrial Repair Division acquired - Dothan, AL
IPS expands into Canada, acquiring:
Industrial Apparatus Services acquired - Beaumont, TX
Odyssey Investment Partners acquires IPS
Revenue doubles with three strategic acquisitons:
Reliance Electric Power Services becomes Integrated Power Services. Company is founded with 352 employees. Riverside Capital Partners is principal owner.