CES Power Acquires Three Irish Power Rental Companies
CES Power, a leading global provider of infrastructure for live events, has acquired three Ireland-based businesses: GH Energy Rental Ltd, Event Power, and Purecore. Terms of the transactions were not disclosed. CES is backed by Allied Industrial Partners.
Together, the three new businesses will significantly enhance CES Power’s existing fleet of generators, lighting towers, transformers, cable, distribution and specialist power management systems, making it the largest power fleet in the UK and Ireland, the company said. This expanded capability will increase capacity to deliver complex, multi-site projects across both the events and industrial sectors.
GH Energy Rental, based in Dublin, and Event Power and Purecore, based in Portlaoise, Ireland, specialize in temporary power generation and distribution for live events, broadcast, and industrial projects across Ireland. The teams of all three businesses will join CES Power as part of the acquisitions. The increased headcount in the U.K. and Europe will further strengthen CES Power’s in-market expertise and operational delivery capability, and will enhance its ability to deliver consistent, scalable solutions for international clients operating across multiple territories.
“We have ambitious plans to continue growing our presence across the U.K. and Europe, and these acquisitions are an important step in scaling our capability in Ireland,” said Ailsa Webb, division president UK/Europe of CES Power. “GH Energy Rental, Event Power, and Purecore have all built strong reputations and long-standing customer relationships. We’re pleased that the founders will remain in leadership roles to ensure continuity for customers while enabling us to integrate the operations efficiently. Their technical expertise, high-quality equipment, and experienced teams align closely with our strategy to deliver reliable, engineering-led temporary power solutions at scale.”
“These acquisitions strengthen our presence in Ireland, enhance our ability to support customers working across borders, and reinforce our position as a leading global temporary power partner,” said Jordan Reber, CEO of CES Power. “The expertise these companies bring to our business will further support Ailsa and her team in meeting the growing demand and opportunity across Ireland. Our global team is looking forward to welcoming these new colleagues to CES Power and continuing to work collaboratively to drive our business forward.”
Sixteen acquisitions
CES Power has completed 16 acquisitions since being acquired by Allied in June 2021 and will continue to actively seek further add-on acquisitions in areas of strategic interest.
“We’re pleased to support CES Power’s latest expansion as the company further cements its presence in the UK, Ireland, and Europe,” said Bradford Rossi and Philip Wright, co-founders and managing partners at Allied. “Europe remains a key region for CES Power’s growth, and we expect to see more opportunities to build our footprint across Europe both organically and through future acquisitions.”
CES Power was founded in 2000 and is now headquartered in Las Vegas.
For more information, visit www.cespower.com.
Founded in 2019, Allied Industrial Partners LLC is a lower-middle market private equity firm that currently has more than $1 billion of assets under management.
For more information, visit www.alliedindustrialpartners.com.
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.