Mergers & Acquisitions

Kohlberg & Company Acquires RESA Power

6921 Kohlberg and Company - RESA Power NT

M&A Engagement Overview

Industry Group: Energy, Power & Infrastructure
Areas of Focus: Utility Services, Gas and Electric

Harris Williams advised Kohlberg & Company on their acquisition of RESA Power, a portfolio company of Investcorp. RESA Power provides comprehensive solutions to the power services industry, including mission-critical maintenance, testing, and systems integration for electrical infrastructure across North America.

RESA Power is the latest transaction in the highly attractive substation services space. Investors continue to demonstrate strong interest in the sector, pulled in by the criticality of services, regulatory backing, scarcity of scaled platforms, powerful multigenerational tailwinds, and corresponding growth and financial performance.

The company serves the full life cycle of critical equipment from installation through preventive maintenance, repair, upgrades, and life extension. Field services comprise the majority of RESA Power’s revenue, complemented by systems engineering solutions and distribution of related electrical components. The company has more than tripled its skilled base of NETA technicians since 2021, supporting consistent double-digit, high-margin revenue growth.

Kohlberg has a strong track record in the broader utility services ecosystem and recognized RESA Power as a differentiated leader in the sector. Kohlberg will be an excellent partner to RESA Power as they continue to expand their capabilities and geographic footprint to meet the rising demand for critical power services.

Contact the Harris Williams Energy, Power & Infrastructure Group to learn more about this client engagement.