Integrated Power Services, a prominent North American leader specializing in the servicing, engineering, and remanufacturing of electrical, mechanical, and power management systems, has recently completed the acquisition of ABB’s Industrial Services business assets. This strategic move, effective as of August 31, 2024, marks a significant expansion for IPS, adding key service centers and capabilities to its growing North American network.
The acquired assets from ABB Industrial Services include locations in Arizona, Indiana, North Carolina, Alberta, and Ontario. These service centers are known for their top-tier repair and field service offerings for electric motors up to 50,000 HP, as well as low- and medium-voltage switchgear equipment ranging from 480V to 15kV. Additionally, these facilities provide expertise in rotating equipment repair for pumps, compressors, blowers, bearings, gearboxes, and OHV mining drivetrains.
John Zuleger, the President and CEO of Integrated Power Services, expressed enthusiasm about the acquisition, stating, “This acquisition will permit IPS to add locations where customers have urged us to offer services. These five locations will enhance our capabilities in renewables, copper mining, and power management aftermarket industrial services. Additionally, IPS will now 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.”
This acquisition comes on the heels of IPS’s previous acquisition of ABB’s hydrogenerator and transformer repair business in June 2022. The addition of the ABB electric motor, generator, mechanical, switchgear, and circuit breaker service centers further solidifies IPS’s position as a comprehensive provider in the industry. These industrial service centers were originally part of the General Electric Industrial Solutions acquisition by ABB in June 2018.
With this latest development, IPS now boasts a network of 88 locations serving regions across the United States, Canada, the United Kingdom, Europe, and the Caribbean. Zuleger shared his vision for the company, stating, “IPS aspires to become the single source, trusted advisor for our customers’ critical infrastructure challenges. With service offerings that span from power generation and industrial processes, to substations and transmission, to electrical balance of plant and electric motors, IPS delivers the widest range of services and is able to solve problems few providers can. We are committed to revolutionizing reliability, as we advance our vision and ability to respond, rethink, and resolve our customer’s biggest reliability challenges.”
About Integrated Power Services (IPS):
Integrated Power Services (IPS) is a leading provider of service, engineering, and remanufacturing for electrical, mechanical, and power management systems. Headquartered in Greenville, South Carolina, IPS operates the largest network in the industry, with service and distribution centers, field offices, and strategically located warehouses across North America, the United Kingdom, and the Caribbean. Each IPS location is equipped to respond, rethink, and resolve complex challenges, offering access to an extensive global talent pool and resources for seamless, single-source solutions.
In conclusion, the acquisition of ABB Industrial Services business assets by Integrated Power Services represents a significant milestone in the company’s growth trajectory. With expanded capabilities and a broader geographic reach, IPS is poised to further solidify its position as a leader in the servicing, engineering, and remanufacturing of electrical, mechanical, and power management systems. This strategic move underscores IPS’s commitment to providing comprehensive solutions to its customers and revolutionizing reliability in the industry.
