American Pacific Group Completes Investment in Spark Power
SAN FRANCISCO–(BUSINESS WIRE)–American Pacific Group (“APG”), a San Francisco Bay Area-based private equity firm, announced today the successful completion of the previously announced acquisition of Spark Power Group Inc. (“Spark Power”), a leading provider of electrical power and maintenance services.
Headquartered in Oakville, Ontario, Spark Power provides comprehensive end-to-end electrical power and maintenance services to a wide range of industrial, utility, and renewable energy end-markets across North America. Since its inception, Spark Power has grown consistently by serving as a trusted and dependable partner to its diversified base of blue-chip customers. Through its partnership with APG, Spark Power expects to build upon its longstanding reputation as an industry leader by continuing to deliver best-in-class services for its customers.
Richard Jackson, CEO of Spark Power, said, “We want to thank our employees, customers, and vendors, for their support in helping to build and shape Spark Power into the industry-leading organization it is today. Going forward, we are excited to be partnering with APG to execute our next chapter of growth. APG’s invaluable experience and support will help accelerate our ability to scale and better serve our key markets.”
Fraser Preston, Managing Partner at APG, added, “Spark Power has proven itself as a leader within the electrical services space through a demonstrated track record of high-quality service and technical expertise. We have been highly impressed by what the Company has been able to achieve since its founding and look forward to supporting the Spark Power team to grow its abilities to serve its customers.”
About American Pacific Group
American Pacific Group is a San Francisco Bay Area-based private equity firm with $1.2 billion of capital under management. Together with its management teams, American Pacific Group drives sustainable growth in its portfolio companies through the “Q Process,” a proprietary and tested approach to value creation. For more information, please visit www.americanpacificgroup.com.
About Spark Power
Spark Power is a leading independent provider of electrical power and maintenance services focused on industrial, utility, and renewable energy end-markets across North America. Spark Power serves as a key partner to its blue-chip customers who rely on the company to keep their mission-critical operations running today and better equipped for tomorrow. For more information, please visit www.sparkpowercorp.com.
Contacts
Brands2Life for American Pacific Group: americanpacificgroup@brands2life.com
