TIPP CITY, Ohio & BOSTON--(BUSINESS WIRE)--Copley Equity Partners LLC (“Copley”), a private investment firm focused on middle market companies with strong growth opportunities, today announced that it has made an investment into Power Solutions Group Ltd. (“Power Solutions”), a leading International Electrical Testing Association (“NETA”) accredited provider of electrical testing, maintenance, and repair services. Owner Barry Willoughby has retained significant ownership and will continue to lead the Company. Financial terms were not disclosed.
Founded in 2006, Power Solutions provides high voltage electrical field services, electrical engineering and automation and control solutions to a broad, blue-chip customer base with particularly deep expertise within the industrial, data center, infrastructure and commercial industries. With locations in Ohio, South Carolina and Tennessee, Power Solutions differentiates itself with a highly-qualified and experienced employee base of NETA-certified technicians.
Peter Trovato, Managing Partner at Copley, said, “Barry and his team have built a first-class business in the critical electrical infrastructure services space. We look forward to helping Power Solutions continue strong growth both organically and through acquisitions.”
Barry Willoughby, Owner of Power Solutions, said, “We are excited to partner with Copley which brings substantial experience and resources to Power Solutions as it continues to provide leading services to its customers and executes on a strategic growth plan.”
About Power Solutions Group
Founded in Tipp City, Ohio in 2006, Power Solutions Group is a NETA-accredited power & automation solutions provider, focused on timely innovative solutions to create safe high-powered electrical systems. Power Solutions’ engineers and technicians have years of experience in detecting, preventing, troubleshooting, and solving a wide variety of power distribution issues in the industrial world through testing, new technology, and custom switchgear fabrication. www.powersolutionsgroup.com
About Copley Equity Partners
Established in 2012, Copley is a private investment firm with offices in Denver and Boston. Copley partners with growing, lower-middle market private companies. The firm invests out of an evergreen, single family office capital base and is comfortable in both majority and minority ownership positions. Copley’s patient and flexible capital base allows the firm to provide each portfolio company significant support post investment. www.copleyequity.com