Ipsum boosts its power division with newest acquisition
Ipsum has revealed its acquisition of RJ Power, a high-voltage electrical solutions provider.
Image credit: Ipsum
UK, London: A specialist engineering services provider, Ipsum, has announced its acquisition of RJ Power, a provider of high-voltage electrical services, marking a strategic move to enhance its capabilities in infrastructure connections, installations, and maintenance.
The acquisition extends Ipsum’s footprint across London, the South East, the North, and Bristol – key regions for its growth.
Andrew Cowan, CEO at Ipsum, said: “The acquisition of RJ Power represents a major milestone in our journey, enabling us to expand our presence into London and the South-East.”
“As businesses across the UK intensify their focus on net zero ambitions, Ipsum remains dedicated to providing the highest standards of safety and exceptional customer service. We are fully committed to mobilising the right resources and expertise to support our customers in achieving their goals for sustainable resilient assets, while ensuring health, safety, quality and customer satisfaction,” Cowan concluded.
Andrew Pierce, Managing Director of RJ Power, said: “We are excited to partner with Ipsum, ushering in a dynamic new era for our business, employees, clients, and partners. This acquisition is a testament to our team’s commitment and effort, and it paves the way for significant growth, fresh innovation, and added value for those we serve. United by a common vision, we’re eager to reach new heights together and create even more success in the future.”
Ipsum operates across the power, water, infrastructure, and telecoms sectors, delivering engineering and maintenance solutions in both regulated and non-regulated environments. With over 1,000 employees, the company leverages data-driven and trenchless technologies to deliver faster, greener, and more cost-effective services.
The transaction was advised by the sell side corporate finance advisers Grant Thornton.
Source: Ipsum
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