Allied Industrial Partners-Backed CES Power Acquires Immedia Event Productions
CES Power LLC, a provider of sustainable mobile power generation, distribution, and temperature control solutions for large events, this week acquired Immedia Event Productions, a key player in the northeastern events sector known for its robust power and HVAC solutions. This strategic alignment will provide a new hub in New England, strengthening CES Power’s capabilities in Boston and solidifying its commitment to strengthening services in the Northeast. CES Power is backed by industrial-focused private equity firm Allied Industrial Partners. Terms of the transaction were not disclosed.
Established in 1976 by Gerard Kapoyan, and later acquired by American Equipment Group, Immedia is based in greater Boston, and works with a diverse range of clients to stage events at public and private indoor and outdoor venues. The company provides full-service power generation and HVAC services for large and small events throughout the northeastern U.S., including Massachusetts, Connecticut, Maine, New Hampshire, Rhode Island, Vermont, New York City, and Albany, N.Y. Managing partner Mike Dunn, who has been managing the operations of Immedia since 2015, will remain on board along with the entire Immedia team.
Uniting the power services expertise of CES Power and Immedia Inc. sets the stage for a unified front, offering clients across the country enhanced power solutions tailored to their event needs.
Dunn expressed his anticipation for the upcoming changes: “We at Immedia are thrilled to be joining the CES Power team. This acquisition represents a monumental step forward for us.”
Six acquisitions in two years for CES Power
Immedia represents CES Power's sixth acquisition since being acquired by AIP in June 2021, and the company will continue to seek further add-on acquisitions in areas of strategic interest. Greg Landa, CEO of CES Power, shared his enthusiasm about the acquisition, sayting, “This strategic alignment with Immedia Inc. signifies a key moment of expansion and potential for both our companies. We’re excited about the prospects of what we can achieve together.”
“With the acquisition of Immedia, we are continuing to build upon CES Power’s strategic growth plan,” said Bradford Rossi and Philip Wright, co-founders and managing partners at AIP. “Live event managers demand a seamless experience, and CES Power is increasingly poised to deliver a reliable, complete infrastructure solution to its customers and event attendees.”
Founded in 2019, Allied Industrial Partners LLC 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. AIP 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.
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Michael Roth
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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.