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On April 29, 2025, Investcorp, a global alternative investment firm, announced the sale of RESA Power, a leading provider of power systems services and life extension solutions for power distribution equipment, to Kohlberg & Company. During Investcorp's ownership since 2021, RESA Power experienced significant growth, quadrupling its revenues and EBITDA. The company expanded its services across North America, serving a diverse clientele in commercial, industrial, utility, and data center sectors. Notably, RESA implemented an Employee Ownership Program, granting equity to employees with at least one year of service, a pioneering move in the electrical power industry. Under Kohlberg's stewardship, RESA aims to continue its growth trajectory, leveraging Kohlberg's expertise in infrastructure services.
Parties
Company
Investcorp
Company
Kohlberg & Company
Deal Type
Merger & AcquisitionIndustry
EnergyTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
29 April 2025