- CES Power is a sustainable mobile power generation, distribution, and temperature control services provider
- AIP invested in CES Power in 2021
- AIP is a lower-middle market private equity firm headquartered in Houston, Texas
CES Power, backed by Allied Industrial Partners (AIP), has acquired Euro Touring Power (ETP), an electrical equipment and air conditioning rental provider for touring productions throughout Europe.
ETP’s addition will expand CES Power’s footprint overseas, giving it a new hub in Ireland with access to all of Europe.
“The acquisition of ETP and announcement of CES Global represents an exciting leap forward in CES Power’s strategic expansion plan,” said Bradford Rossi and Philip Wright, co-founders and managing partners at AIP. “CES Power has proven that its model can deliver reliable, seamless power and temperature control solutions to top tier event promoters anywhere in the world.”
Vincent Campion, ETP’s MD, and the management team will remain with the company.
AIP invested in CES Power in 2021.
CES Power is a sustainable mobile power generation, distribution, and temperature control services provider for large events. It is based in Memphis, Tennessee.
AIP is a lower-middle market private equity firm headquartered in Houston, Texas.
Dublin-based ETP supplies transformers, cables, distribution boxes, and stage air conditioning to shows and events.
No financial details of the transaction were disclosed.