Trending...
- New Book Warring From the Standpoint of the Throne Room Calls Believers to Pray From Victory
- Matthew Sisneros Releases Raw and Unfiltered Memoir: The Devil Lost Another One — A Powerful Story of Crime, Consequence, and Redemption
- Lawsuit Filed Against Boeing Over Defective Seat Switch on Boeing 787
HOUSTON, Dec. 10, 2024 ~ RESA Power, LLC, a leading company in power systems electrical testing and transformer services, has recently announced its acquisition of Power Asset Recovery Corporation (PARC). This strategic move will allow RESA Power to expand its portfolio of products and services for power distribution equipment.
Based in North Canton, Ohio, PARC has been providing substation power transformers and high-voltage transformer parts since 1996. With a focus on transformers ranging from 5MVA to >100MVA, PARC has established itself as a trusted supplier in the industry.
According to Mark Angus, Chief Growth Officer at RESA Power, the alignment between the two companies is evident not only from a business perspective but also in their shared passion for providing exceptional service to customers. "I'm genuinely delighted and excited to have Rick and the PARC team join RESA," Angus stated.
Rick Kopf, President and Founder of PARC, expressed his enthusiasm for the partnership with RESA Power. "We are excited to partner with RESA Power," Kopf said. "Their national footprint and broad range of electrical power services and products will allow us to expand more quickly into new geographic markets and provide our customers with an expanded product and service offering."
More on Ohio Pen
This acquisition marks the eighth completed by RESA Power in 2024 and the thirteenth since joining Investcorp in 2022. As part of its commitment to recognizing the hard work and expertise of its newly acquired employees, RESA Power offers immediate participation in their Employee Ownership Plan (EOP). This unique benefit is designed to show appreciation for employees' contributions and align with the company's "One RESA" philosophy of collaboration and teamwork.
"We want all employees to feel like they have a stake in our success," said Angus. "By providing them with ownership in the company, we are fostering a culture of shared responsibility that will contribute to our long-term growth."
The partnership between RESA Power and PARC is expected to bring about significant benefits for both companies and their customers. With a shared commitment to providing top-quality products and services, this acquisition will further solidify RESA Power's position as a market leader in the power distribution industry.
Based in North Canton, Ohio, PARC has been providing substation power transformers and high-voltage transformer parts since 1996. With a focus on transformers ranging from 5MVA to >100MVA, PARC has established itself as a trusted supplier in the industry.
According to Mark Angus, Chief Growth Officer at RESA Power, the alignment between the two companies is evident not only from a business perspective but also in their shared passion for providing exceptional service to customers. "I'm genuinely delighted and excited to have Rick and the PARC team join RESA," Angus stated.
Rick Kopf, President and Founder of PARC, expressed his enthusiasm for the partnership with RESA Power. "We are excited to partner with RESA Power," Kopf said. "Their national footprint and broad range of electrical power services and products will allow us to expand more quickly into new geographic markets and provide our customers with an expanded product and service offering."
More on Ohio Pen
- New Solution For Brown County, Ohio, Pro Mobile Detailing With Cincy Auto Care In The Tri-State
- Hypnotherapy Finder Announces Official US Wide Launch After Successful Soft Launch
- Melzi Job Coach Launches on iOS and Android: A Privacy-First AI Career Engine Built for Execution
- Dayton Fashion Week™ and Fashion Week of Cincinnati™ Open Designer Invitation Requests for 2027
- Lkpfm corporation commerce and banking
This acquisition marks the eighth completed by RESA Power in 2024 and the thirteenth since joining Investcorp in 2022. As part of its commitment to recognizing the hard work and expertise of its newly acquired employees, RESA Power offers immediate participation in their Employee Ownership Plan (EOP). This unique benefit is designed to show appreciation for employees' contributions and align with the company's "One RESA" philosophy of collaboration and teamwork.
"We want all employees to feel like they have a stake in our success," said Angus. "By providing them with ownership in the company, we are fostering a culture of shared responsibility that will contribute to our long-term growth."
The partnership between RESA Power and PARC is expected to bring about significant benefits for both companies and their customers. With a shared commitment to providing top-quality products and services, this acquisition will further solidify RESA Power's position as a market leader in the power distribution industry.
Filed Under: Business
0 Comments
Latest on Ohio Pen
- ASI Hosts 2026 Executive Business Summit for Global Partner Community
- Pastor Saeed Abedini Releases THE TRUTH – Volume 1, A Deeply Personal Story of Faith, Struggle, and Redemption
- New Book Warring From the Standpoint of the Throne Room Calls Believers to Pray From Victory
- Karate Walk Launches Walking Fitness Program Using Simple Upper‑Body Martial‑Arts Techniques
- Scotch Whisky Market Dislocation Creates Compelling Entry Opportunity for Long-Term Investors
- Peccioli Becomes New Orleans: In July 2026, the magic of jazz comes to Tuscany
- $6 Million Funding Secured as Retail Expansion, Operational Streamlining, and Asset-Light Strategy Position the Company for Accelerated Growth $SOWG
- The "Unsexy" Business Quietly Creating 130+ New Entrepreneurs Across America — From Alaska to Puerto Rico
- Veteran Launches GTG Energy: Nicotine-Free Pouch as Americans Rethink Addiction, Focus, and What Fuels Performance
- RecallSentry™ App Launch — Your Home Safety Hub — Free on iOS & Android
- Award-Winning Director Crystal J. Huang's Under-$50K Film "The Ritual House" Wins Best Horror Feature at Golden State Film Festival
- Grads aren't getting hired — here's what we're doing about it
- K2 Integrity Enhances Technology Capabilities Through Acquisition of Leviathan Security Group
- #WeAreGreekWarriors Comes to Detroit in Celebration of Women's History Month
- Crystal Smith & Co. Empowers Founders to Build Profitable, Purpose-Driven Businesses
- Energywise Solutions and Pickleball Pros Partner to Bring More Energy and Visibility to Pickleball Clubs
- Buildout Launches CRM, Completing the Industry's First AI-Powered End-to-End Deal Engine for CRE
- The Franchise King® Releases Free Guide for Nervous Buyers
- Kanguro Insurance Taps Paylode to Launch Best-in-Class Pet and Renters Insurance Rewards Experience
- CCHR: CIA Mind-Control Files Raise Urgent Questions as Millions Take Psychotropic Drugs