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Integrated Power Services Acquires Surplec

IPS Adds Power Management and Remanufacturing Capabilities with Canadian Acquisition

IPS, North America’s leading solution provider for electromechanical equipment, rotating equipment, and power management systems, has acquired Surplec. Headquartered in Sherbrooke, Quebec, Canada, Surplec is an industry leader in the management and remanufacturing of surplus medium and high-voltage transformers.

The sale includes three Surplec locations serving customers across Canada and the U.S. These locations — in Quebec, Ontario, and Alberta — provide remanufactured and new transformers, repair services, lease equipment, technical field services, and engineering. Surplec provides critical transformer availability and reliability for customers in heavy industry, mining, institutional, and utility markets.

The acquisition strengthens IPS resources in power management and remanufacturing, following the prior acquisitions of ABB’s Denver, Colorado service center, Tampa Armature Works, National Switchgear, Evans Enterprises, and Southland Electrical Group.

“After 36 years, I am proud to announce that the acquisition of Surplec by IPS will consolidate our strengths in Quebec and will allow us to accelerate planned expansions across Canada,” said Mario Lambert, founder, and owner of Surplec. “Surplec has created a recycling and reuse model for medium and high voltage transformers and equipment for the Canadian industry. The quality of our refurbishments has brought great renown to the company thanks to the competence and discipline of our human resources. This human strength is at the heart of future projects and is essential to the growth of IPS in Canada. With the combination of IPS and Surplec, we look to the future with great optimism.”

“Surplec is a very important addition to IPS’s power management offering. In addition to expanding our service capabilities across Canada, it brings to our Canadian and US customers a full range of transformer service capabilities. Transformer services remain in high demand with transformational energy generation changes, electrical grid updates, and new power management processes simultaneously impacting our customers,” said John Zuleger, IPS President & CEO. “The technical expertise of Surplec is immediately leverageable across IPS and our customer base. With this addition, IPS continues its power management service expansion which, when added to electromechanical services, enables us to see respond, rethink, and resolve reliability challenges few providers can address.”

About Integrated Power Services
IPS is the leading North American solution provider for power management, electromechanical, and rotating equipment processes. The company serves over 13,000 customer locations across a wide range of end uses, including power generation, utilities, water and wastewater, petrochemicals, air separation, oil and gas, metals, mining, paper, aggregates, cement, hospitals, universities, commercial buildings, and data centers. Headquartered in Greenville, South Carolina, IPS has the industry’s largest network of locations, with service centers, distribution centers, and field service offices across North America, combining industry-specific experience with comprehensive engineering resources to revolutionize reliability for customers.

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