RESA Power Expands Its Service Capabilities in Florida with Acquisition of MP Predictive Technologies

RESA Power Expands Its Service Reach in Florida

In a strategic move that enhances its presence in Florida, RESA Power, LLC has announced its acquisition of MP Predictive Technologies (MPPT). Founded in 2018 and based in Orlando, MPPT has quickly established itself as a front-runner in providing predictive maintenance solutions. This acquisition marks a significant step for RESA Power as it strengthens its operational footprint in the region, adding to its existing locations in Jacksonville and Plant City.

The Significance of the Acquisition

RESA Power has long been recognized as a leader in power systems electrical testing and transformer services. By acquiring MP Predictive Technologies, the company aims to broaden its service portfolio and enhance its capabilities in predictive maintenance, diagnostics, and asset management solutions. This strategic acquisition not only helps RESA Power to solidify its market position but also facilitates the delivery of high-quality services to its clients in Florida.

Mark Angus, RESA Power’s Chief Growth Officer, expressed excitement about the acquisition, stating that the partnership is built on years of fruitful collaboration between RESA Power and MPPT. He highlighted that the combination of their resources will further enhance their ability to meet the needs of their customers in Florida through top-notch services.

A Closer Look at MP Predictive Technologies

Since its inception, MP Predictive Technologies has grown to become a multi-service and NETA-accredited company. Its focus on exceptional predictive maintenance solutions has garnered it a positive reputation among clients, setting a high standard in the industry. Being a family-owned business, MPPT values a commitment to quality and excellence, traits that align closely with RESA Power’s mission.

Nelson Manuare, co-owner and President of MPPT, shared his optimistic view about the future of the company under RESA Power’s umbrella. He stated that the acquisition will enable MPPT to expand its reach and deepen its service offerings. The partnership is seen as an opportunity to combine their strengths and better serve customers who rely on high-quality solutions in the power systems sector.

Collaboration with Kohlberg

The acquisition of MP Predictive Technologies is particularly notable as it is RESA Power's first acquisition completed in collaboration with its private equity partner, Kohlberg. The partnership with Kohlberg is expected to provide RESA Power with the necessary resources and support needed for future growth, further bolstering its capabilities within the power systems market.

Kohlberg, a respected player in the private equity space, focuses on investing in leading healthcare and services companies. Their expertise will help RESA Power accelerate growth while maintaining high operating standards, ultimately driving value creation for stakeholders and clients alike.

Looking Ahead

The acquisition opens new doors for both RESA Power and MP Predictive Technologies. For RESA Power, it signifies a commitment to expanding its service capabilities and increasing its market footprint in Florida. For MPPT, joining forces with a larger, established player provides an avenue for growth and expansion, allowing it to leverage RESA’s expertise and resources.

In conclusion, this acquisition is set to elevate the service standards within the electrical testing and maintenance space, ensuring that clients can depend on a robust network of reliability and service. The collaboration marks an exciting chapter in the continued evolution of RESA Power and its commitment to excellence in power system solutions.