IPS adds five new locations and 115 employees from ABB’s Industrial Services Unit, expanding its renewables, mining and power management role.
Electrical, mechanical, and power management systems servicer and manufacturer Integrated Power Services (IPS) acquired ABB’s Industrial Services business.
Terms of the transaction were not disclosed.
ABB Industrial Services provides customers with repair and field service capabilities for electric motors up to 50,000 HP and low and medium-voltage switchgear equipment. The company operates from locations across the U.S. and Canada — Arizona, Indiana, North Carolina, Alberta and Ontario.
“This acquisition will permit IPS to add locations where customers have urged us to offer services,” IPS President and CEO John Zuleger said in a Sept. 3 news release. “These five locations will enhance our capabilities in renewables, copper mining, and power management aftermarket industrial services. Additionally, IPS now will be the home of 115 additional talented employees, and the legacy technology and expertise from the General Electric and ABB heritage of these newly acquired sites.”
IPS acquired ABB’s hydrogenator and transformer business in June 2022. This included the five ABB electric motor, generator, mechanical, switchgear and circuit breaker industrial service centers from ABB’s acquisition of General Electrical Industrial Solution in June 2018.
“IPS has grown to 88 locations, serving the United States, Canada, the United Kingdom, Europe and the Caribbean,” Zuleger added. “IPS aspires to become the single source, trusted advisor for our customers’ critical infrastructure challenges.”
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Anna Debiec
Associate Editor Anna Debiec joined the MDM team in July 2024. She spent the previous two years as an acquisitions editor at book publisher Rowman & Littlefield. She leads MDM’s news reporting and contributes to our various research reports, manages MDM’s social media posting and supports other editorial endeavors.
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