Allied Industrial Partners-Backed CES Power Acquires ABird/Apex Power Solutions
March 28 2024 - 7:45AM
Allied Industrial Partners-Backed CES Power Acquires ABird/Apex
Power Solutions
CES Power LLC (“CES Power”), a leading global provider of
sustainable mobile power generation, distribution, temperature
control and technology solutions for the largest and most complex
projects and events, today announced that it has acquired ABird
Limited and Apex Generators Limited (“ABird/Apex” or “the
Company”), a U.K. supplier of portable power for industrial,
corporate and event use. The acquisition was made through CES
Power’s global division, CES Global LLC (“CES Global”), which
acquired ABird/Apex from U.K. tool and equipment rental and
services company HSS Hire Group Plc (LSE: HSS). CES Power is backed
by industrial-focused private equity firm Allied Industrial
Partners (“Allied”).
This strategic acquisition will expand CES Global’s capacity in
the U.K. and Ireland while helping to accelerate its growth across
Europe.
ABird/Apex is a leading U.K. provider of power solutions. It
features one of the U.K.’s largest integrated portable power fleets
used to power industrial sites and live events, including music
festivals, sporting competitions, and corporate meetings. The
Company also provides remote fleet management technology for
real-time visibility and support. ABird/Apex will become part of
the CES Global brand, and its management team and employee base
will remain with the Company, including Ailsa Webb, who will assume
the new role of CES Global Managing Director, Europe.
Greg Landa, CEO of CES Power, said, “CES Power entered the
European market in 2023 and we continue to see strong demand for
our unique service offering. The addition of ABird/Apex will allow
us to meet that demand throughout the U.K. and bolster our presence
across Europe and ultimately the globe. ABird/Apex has a reputation
for quality equipment and service, which made it a fit for CES
Power’s global expansion efforts. We look forward to continuing to
serve its customers under the CES Global brand.”
Ms. Webb, Managing Director at ABird/Apex, noted, “We are
pleased by the great strides we have made with the support of HSS,
and we are now excited to introduce new offerings and expand our
footprint with CES Global. Our customers will benefit from the
additional resources we can now provide as a division of a global
leader in engineered power, HVAC and technology solutions.”
ABird/Apex is CES Power’s 11th acquisition since being acquired
by Allied in June 2021 and its third acquisition in Europe. CES
Power will continue to seek further add-on acquisitions in areas of
strategic interest.
“The acquisition of ABird/Apex is a transformative step in CES
Power’s global expansion,” said Bradford Rossi and Philip Wright,
Co-Founders and Managing Partners at Allied. “The demand for
integrated service offerings for complex power, HVAC and technology
solutions for use in industrial projects, live events, and
entertainment continues to grow significantly across Europe and
this acquisition positions CES Power to deliver for our
high-quality customer base.”
About CES Power LLCFounded in 2000 and
headquartered in Memphis, TN, CES Power has a multi-decade track
record of providing reliable and safe power solutions to its
blue-chip customer base, including at the world’s most complex and
highest-profile events. Through its various divisions, including
CES Global, CES Technologies, and CES Studios, the company offers a
full range of technology-driven power services to the broadcasting,
entertainment, and industrial sectors. For more information, visit
cespower.com and cestechnologies.com.
About Allied Industrial PartnersFounded in
2019, Allied Industrial Partners LLC (“Allied”) is a lower and
middle-market private equity firm that thematically invests in
high-growth companies within various industrial subsectors,
including industrial rentals, manufacturing, distribution,
environmental services, and critical infrastructure. Allied seeks
to partner with experienced management teams that can benefit from
its operational enhancement capabilities and active, hands-on
involvement, allowing the firm to execute buy-and-build strategies.
For more information, visit alliedindustrialpartners.com.
About ABird and ApexABird/Apex
is a leading U.K. provider of power solutions. The company
specializes in designing both short- and long-term generator
solutions ranging from 20KVa to 1260KVa, supported by remote fleet
management technology that provides complete visibility of all
rental equipment for customers across a wide range of end
markets.
Media Contacts:Lambert Jennifer
Hurson845-507-0571jhurson@lambert.comorCaroline
Luz203-570-6462cluz@lambert.com