CES Power Expands Its Horizons by Acquiring Base Craft for Film Industry Services
CES Power's Acquisition of Base Craft: A Game Changer in Film Production
In a significant move towards expanding its footprint in the film and entertainment industry, CES Power LLC has announced the acquisition of Base Craft, a company known for providing specialized services and high-quality equipment essential for film production. This acquisition is a strategic step in CES Power's plans to launch CES Studio Services, which aims to cater to the rising demands of television and film productions.
About CES Power
Founded in the year 2000 and headquartered in Jacksonville, Florida, CES Power is well-regarded as a leading global provider of infrastructure solutions for live events. It has developed a trusted reputation over the years, delivering reliable services that include sustainable mobile power, electrical distribution, temperature control, WiFi, and networking solutions. With a commitment to innovation and customer satisfaction, CES Power has become a go-to resource for major events worldwide.
The Strategic Acquisition
The acquisition of Base Craft, which also has its headquarters in Kansas City, Missouri, marks CES Power's 13th acquisition since being backed by Allied Industrial Partners in June 2021. This move is expected to bolster the capabilities of CES Power while strategically positioning it as a frontrunner in the motion picture and television service sector. Base Craft's offerings include an extensive range of equipment such as production trailers, distribution trucks, basecamp facilities, power generation tools, battery storage solutions, and HVAC equipment.
Additionally, they provide specialized transportation options like passenger vehicle rentals, truck rentals, and even solar-powered trailers designed for various production needs, including wardrobes and makeup stations.
Launch of CES Studio Services
With the acquisition completed, CES Power unveiled the creation of CES Studio Services, a new division aimed at delivering comprehensive solutions tailored for the film, television, and broadcast industries. By leveraging the existing talents of the Base Craft management team, CES Studio Services aims to provide a robust platform for developing partnerships and exploring growth opportunities in a rapidly evolving industry.
Leadership Insights
Greg Landa, CEO of CES Power, expressed his enthusiasm about the acquisition, emphasizing the commitment to becoming the provider of choice for the North American television and film production industry. He acknowledged the wealth of experience and quality equipment that CES Studio Services can bring to a fragmented marketplace.
“We are excited to welcome the Base Craft team and aim to create synergies that will propel us forward in meeting the evolving challenges of the film industry,” said Landa.
Jeffrey Gowing, one of the leaders at Base Craft, echoed this sentiment, highlighting the potential for future growth within the CES framework and how the strong operational capacity of CES Power will enhance their existing service offerings.
Looking Ahead
The film industry presents not only immediate opportunities for CES Power but also aligns closely with their mission of delivering outstanding service in live entertainment. The addition of Base Craft's competencies is anticipated to help CES Power expand its geographical footprint while enhancing its service provision across multiple locations.
Bradford Rossi and Philip Wright, Co-founders at Allied Industrial Partners, highlighted this acquisition as a critical milestone in CES Power's growth journey. They believe that the film industry aligns seamlessly with CES's live entertainment service offerings and that CES's new division is well-positioned for significant scaling in the future.
As CES Power embarks on this new chapter, the company is also on the lookout for further strategic acquisitions that would complement and strengthen its business model. This strategic pursuit is indicative of a proactive approach to expanding market share and enhancing service diversity within the entertainment sector.
In conclusion, CES Power's acquisition of Base Craft and the formation of CES Studio Services signal a pivotal shift in their operational strategy, one that embraces innovation and expansion in an industry ripe for growth. With their sights set high, CES Power is determined to establish itself as a leading player in the film and television production landscape.