Everpath Management Expands Presence with Megawattage Acquisition in Power Sector

Everpath Management Expands Presence with Strategic Acquisition of Megawattage



In a significant move, Everpath Management has announced its acquisition of Megawattage LLC, a top-tier provider of critical power services. This acquisition, which became official on November 19, 2025, highlights Everpath's ambitious strategy to grow in the commercial generator and emergency-response power solutions sector.

What Does Megawattage Bring to the Table?


Founded in 2006, Megawattage has established itself as a vital service provider across regions including Florida, Puerto Rico, Guam, and Hawaii. The company is recognized for delivering mission-critical power support, catering to a range of clients such as universities, hospitals, data centers, and government agencies.

The company's reputation is built on technical excellence, responsive field services, and reliability during high-stakes situations. As Zach Stander, Founding Principal of Everpath Management mentioned, Megawattage boasts a remarkable track record in the critical power sector. Its strong fundamentals and culture of dependability align perfectly with Everpath’s commitment to supporting businesses that focus on sustained growth.

Strategic Growth Initiatives


With Megawattage now under its wing, Everpath plans to implement a series of growth initiatives. These strategies include:
  • - Expanding Service Coverage: Tapping into additional markets across Florida and the Southeastern U.S.
  • - Acquisitions of Complementary Businesses: Seeking out other generator service companies to enhance capabilities and geographic outreach.
  • - Investing in Technology and Equipment: Upgrading operational infrastructure to streamline services and improve efficiency.
  • - Enhancing Maintenance Programs: Strengthening commercial, emergency-response, and preventive maintenance programs to bolster reliability.

According to David Welch, CEO of Megawattage, this acquisition marks a pivotal moment for the company. He expressed enthusiasm about the new growth phase, stating that it will enable them to invest further in their workforce and resources, leading to improved service provision.

Dana Welch, President of Megawattage, echoed this sentiment, emphasizing their commitment to providing reliable power solutions in critical situations. The acquisition is set to empower the company to meet customer needs at an even higher standard, further enhancing service quality.

Financing and Support


The acquisition was financially supported by Plexus Capital, which successfully raised approximately $1.3 billion through two funds dedicated to supporting platform growth, acquisitions, and the recapitalization of lower-middle market companies. This financial backing reflects the confidence investors have in Megawattage's potential under Everpath’s umbrella.

The terms of the acquisition have not been disclosed, but the deal is anticipated to have long-lasting effects on both companies, favoring their growth and market presence. As Everpath Management continues its investment in Megawattage, it signals a broadening of operational capabilities and a robust alignment in power solutions.

About Everpath Management and Megawattage


Everpath Management


Based in Chicago, Everpath Management specializes in acquiring and nurturing B2B services businesses. The firm is known for offering patient capital alongside hands-on operational support while emphasizing cultural preservation amidst growth objectives.

Megawattage


Megawattage LLC excels in providing essential services for commercial generators and emergency-response power solutions across crucial markets. With a commitment to technical rigor and customer satisfaction, the company remains a stalwart in the critical power industry.

For more information, visit Everpath Management and Megawattage.

Topics Financial Services & Investing)

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