Integrated Power Services acquires Excel Apparatus Services, Inc.

Greenville, SC - Integrated Power Services (IPS), a North American leader in service, repair and custom-engineered solutions for industrial electric motors, generators and mechanical power transmission components has acquired Excel Apparatus Services, Inc.

“The acquisition of Excel Apparatus Services is an important step for IPS as we continue to further expand to serve our customer base,” said John Zuleger, IPS president and CEO. “We have long admired Excel’s people, values and their capabilities and we look forward to integrating them with our service offering coast-tocoast. We continue to execute on our strategic plan to become the world-class leader in our industry and provide our customers with safety, quality, customer service and value they can best receive from IPS.”

This is the seventh strategic acquisition by IPS since 2008, including the prior purchases of Electro-Mec, The Monarch Electric Group, TRICO TCWIND, Industrial Apparatus Service, KVA Dynamo/ B+B Dynamo & Armature/ King’s Electric Motors and the Industrial Repair Division of Higgins Electric. Terms were not disclosed.

IPS is a North American leader in the service of electric motors, generators and mechanical power transmission components, with customers across a wide range of industries, including but not limited to power generation (fossil, nuclear, hydro and wind), petrochemical, air separation, oil and gas, metals, underground mining, paper, aggregates and cement. IPS has 29 service centers and field offices across North America, combining industry- specific experience with deep engineering resources to keep electric motors and generators running.

“IPS acquired Excel with a deep respect and appreciation for its employees, capabilities and longstanding customer relationships. We’re excited about the opportunities for growth for all of us,” said Doug Hinson, president and founder of Excel Apparatus Services, Inc.

Headquartered in Green - ville, South Carolina, IPS now has twenty-nine service centers and field offices across the United States and Canada, offering coast-to-coast coverage and 24/7 reliability to over 5,000 customers across a wide range of Power Generation and process industries.

Integrated Power Services, www.ip.us

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