On Aug. 17, Memphis, Tennessee-based power generation and control solution manufacturer CES Power announced the acquisition of Beltsville, Maryland-based Infinite Power, a provider of temporary mobile power and climate control solutions. Terms of the transaction were not disclosed.
This acquisition will provide CES Power with a new hub in the Washington, D. C.-Baltimore area, strengthening its capabilities in the mid-Atlantic region.
Infinite Power provides portable generators and HVAC systems for festivals, concerts, sports venues, and government, corporate, and non-profit events. The company also handles permitting and emergency response and has relationships with local licensed electrical contractors. General Manager Jay Collins and the Infinite Power management team will remain with the company.
CES Power is owned by industrial-focused private equity firm Allied Industrial Partners. The deal marks CES Power’s seventh acquisition since being acquired by Allied in June 2021, and the company will continue to seek further add-on acquisitions in areas of strategic interest.
“The acquisition of Infinite Power is the next step in CES Power’s strategic expansion plan,” said Allied Co-Founders and Managing Partners Bradford Rossi and Phillip Wright. “Live events and entertainment services is an ever-expanding market. CES Power is building upon its broad services base to deliver reliable, seamless infrastructure solutions to event promoters nationwide.”