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.

August 2024
August 2024
Integrated Power Services Acquires DUAL-Électrotech

Integrated Power Services acquires DUAL-Électrotech, a leading Canadian electrotechnical service provider, expanding IPS power management business in Canada and Northeastern U.S. 

August 2024
August 2024
Integrated Power Services Acquires B&B Transformer

Integrated Power Services acquires B&B Transformer, a well-established remanufacturer of oil-filled, distribution class transformers, located in Farmington, MN.

June 2024
June 2024
Integrated Power Services Acquires Midwest Switchgear Services

Integrated Power Services acquires Midwest Switchgear Services, strengthening its power management portfolio across the Midwestern United States.

May 2024
May 2024
Integrated Power Services Acquires Houghton International

Integrated Power Services acquires Houghton International.

May 2024
May 2024

Integrated Power Services acquires Cortés Industrial.

April 2024
April 2024

IPS acquires assets of Swiger Coil Systems from Wabtec Corporation, adding electric coil and traction motor manufacturing capabilities.

March 2024
March 2024
Integrated Power Services acquires Electric Motor Service Limited

IPS acquires Electric Motor Service Limited, strengthening market coverage in Western Canada, particularly in oil and gas, mining, and renewables.

December 2023
December 2023
Wind Solutions Acquired in December 2023

IPS acquires Wind Solutions, building its renewables portfolio with engineering and new product manufacturing specialists.

October 2023
October 2023

IPS acquires Lighthouse Global Energy, enhancing its product offering with wind power parts distribution and manufacturing.

June 2023
June 2023

IPS acquires Surplec, adding power management and remanufacturing capabilities in Canada.

February 2023
February 2023

Southland Electrical Group acquired, expanding IPS power management services.

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