Draft:Integrated Power Services

Integrated Power Services is a privately owned company headquartered in Greenville, SC, that services, engineers, and remanufactures electrical, mechanical, and power management assets.

History

IPS was established in Greenville, SC, in 2007 to provide comprehensive electrical and mechanical services. Integrated Power Services is the former power services unit of Reliance Electric, a leading manufacturer of industrial electric motors and power transmission components. Reliance Electric Power Services was included in Rockwell Automation’s sale of its Dodge/Reliance Electric division to Baldor Electric Company, a D/RE competitor based in Ft. Smith, Arkansas. In June 2007, Baldor sold Reliance Electric Power Services to a private equity firm.

2008 – 2015: Expansion through strategic acquisitions, including several well-established service center providers in the industry, enhancing IPS capabilities and reach.
2016-2020: Continued growth with a focus on integrating advanced technologies and expanded service offerings
2021 – Present: Strengthening market position by focusing on power management and switchgear solutions catering to diverse industries.

Acquisition Details

Year	Description
2007	Electric Power Services becomes Integrated Power Services Reliance Riverside Capital Partners is the principal owner
2008	Revenue doubles with three strategic acquisitions: -- Electro-Mec – Indiana, PA -- The Monarch Group – Cleveland, OH; Detroit, MI -- Trico TC Wind – Litchfield and Lake Benton, MN
2012	Odyssey Investment Partners acquires IPS
2013	Industrial Apparatus Services Acquired – Beaumont, TX IPS expands into Canada, acquiring: -- KVA Dynamo – Winnipeg, MB -- B+B Dynamo & Armature – Regina, SK -- King’s Electric Motors – Saskatoon, SK
2015-2017	Higgins Electric’s Industrial Repair Division acquired – Dothan, AL Three greenfield locations: -- Erie, PA -- Evansville, IN -- Corpus Christi, TX
2018-2019	Wind Field Services opens – Sweetwater, TX Excel Apparatus Services acquired – Charleston, SC
2020	Precision Electric Motor Works, Inc. acquired – Clifton, NJ Tesco Industrial Inc. acquired – Regina, SK Industrial Electric Motors Works, Inc. acquired – Meridian, MS
2021	Delta Electric Motors – Tukwila, WA Eastside Electric – Spokane, WA ROTEK Services – Wichita, KS Searchlight Capital Partners – NY National Switchgear and National Field Services – Lewisville, TX
2022	Industrial Electric Machinery (IEM) – Longview, WA Reed Electric & Field Service – Visalia, CA A+ Electric Motor – Carson, CA ABB – Tucson, AZ; Evansville, IN; Charlotte, NC; Edmonton, Alberta, Canada; Burlington, Ontario, Canada Tampa Armature Works (TAW) – Southeastern US, Caribbean, South America, International Evans Enterprises Inc – OK
2023	Southland Electrical Group – Burlington, NC; Birmingham, AL; Chattanooga, TN; High Point, NC Surplec – Sherbrooke, Quebec, Canada Lighthouse Global Energy – Abilene, TX Wind Solutions – Sanford, NC
2024	Electric Motor Service Limited – Edmonton, Alberta, Western Canada Swiger Coil Systems – Cleveland, OH Cortes Industrial – Caguas, Puerto Rico Houghton International – UK Midwest Switchgear Services – Hamilton, OH; North America; UK B&B Transformer – Farmington, MN

Market focus

IPS serves a broad range of industries, including power generation, oil and gas, mining, pulp and paper, renewables, and manufacturing. They also focus on critical infrastructure for hospitals and universities, where maintaining reliable and efficient power systems is crucial.

Services

In shop remanufacturing
Engineering Services
Technical Field Services
Asset Management
Distribution and New product sales

Products

AC & DC Motors
Generators
Power Distribution
Custom Equipment
Rotating Equipment

References

PEARL, AGMA, NETA, National Hydropower Association, American Clean Power, Remanufacturing Industries Council