San Jose, CA (PRWEB) August 27, 2014
RESA Power Solutions (“RESA”) announced it has completed the acquisition of Energy System Services, LTD (“ESS”). Headquartered in Stow, Ohio, ESS provides electrical life extension services to a wide range of loyal industrial and utility customers across the Central US. ESS is a leading remanufacturer of low and medium voltage electrical power distribution equipment for critical applications. In addition, ESS stocks and sells parts for servicing aging circuit breakers and switchgear and performs preventative maintenance services for customers’ electrical infrastructure.
Dorian Alexandrescu, CEO of RESA, said, “The acquisition of Energy System Services LTD expands RESA's footprint into the Midwest market and further enhances the product and service offerings to the combined ESS/ RESA customer base. We are very excited to welcome the Energy System Services team to the RESA Power Solutions family, and we are looking forward to growing the business together by being able to provide our customers with the best life extension solutions for their installed base of electrical equipment.”
Richard Navarro, CEO of ESS, said, “We are very pleased to join the RESA Power Solutions team. RESA’s industry experience and vast network of resources makes it the perfect acquirer of Energy Systems Services. We build lasting relationships with our customers on the foundation of quality products and services. This acquisition not only helps us add more value for our customers, but it also brings new growth opportunities to our employees. We look forward to working with the RESA team to continue expanding our reach in the electrical life extension solutions market.”
RESA plans to continue ESS operations in Stow under its current local leadership and staff – without any job losses – introducing the incremental products and services which RESA offers to ESS customers. Specific terms of the transaction were not disclosed.
ABOUT RESA POWER SOLUTIONS
RESA Power Solutions is the market leader in life extension solutions for power distribution equipment. RESA is comprised of business units across the United States specializing in various niche power distribution & circuit protection markets such as obsolete & hard-to-find inventory, fast turnaround on current model equipment, engineering services and testing & maintenance. RESA has six primary distribution facilities and eleven service centers across the U.S., accommodating one of the largest inventory of power distribution and control equipment in North America. RESA now employs field sales engineers in 14 states and serves every major US metropolitan area through our network of business units. For more information about how to join the RESA Power Solutions group, visit http://www.resapower.com.