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Concentric, Llc, Acquires Critical Dc Power Provider, Retech

Sep 08, 2023almost 2 years ago

Acquiring Company

Concentric

Acquired Company

Retech

CarrolltonFacilities Services

Description

Concentric, LLC, the first national industrial power services organization delivering forklift and critical power as well as maintenance solutions that ensure uninterrupted, sustainable facility power, announced today the acquisition of Retech. An established market leader across the US, with headquarters on the west coast, Retech specializes in designing, integrating, and managing critical DC power systems and critical infrastructure construction with a particular focus on the telecom and cable industry. This acquisition expands Concentric’s service footprint in critical power to the west coast, while adding new construction capabilities for critical power from telecom to energy storage to utilities and data centers.

Company Information

Company

Concentric

Location

Carrollton, Texas, United States

About

Concentric is the first national industrial power services organization delivering forklift and critical power as well as maintenance solutions that ensure uninterrupted, sustainable facility power. The company’s signature solutions, GuaranteedPOWER® and PerpetualPOWER® are industry firsts, improving reliability, sustainability and safety to solve the power problem for facility leaders. Concentric helps data centers, distributors, manufacturers, utilities, communications infrastructure and more develop resilience in their power systems while making the energy transition with less risk. With a national network of service professionals, Concentric provides engineering, installation and maintenance/management for power equipment including backup batteries, UPS, generators, energy storage, micro grids, forklift power, onsite maintenance and more. Learn more at concentricusa.com.

DealWatch™ Score

74
High M&A Activity

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Integration timeline
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Tech stack consolidation
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