Concentric acquires Midwestern industrial power expert Indy Power Grid
Concentric, a US-based DC power management and on-site maintenance provider for the material handling and critical power industries, has acquired Midwestern industrial power expert Indy Power Grid.
The financial terms of the deal were not disclosed.
Indy Power Grid has been providing services and supplies to sustain operations at peak performance via robust power management. The company’s team is said to have 75 years of industry experience.
Based in Indianapolis, Indy Power Grid is an authorized dealer for the products of Hawker Powersource.
John Winter — Concentric Chief Operating Officer said: “Power Grid’s team of service technicians are highly regarded for their expertise in battery and charger diagnostics. We are enthusiastic to welcome them to the Concentric team, along with President Michael Galyen who brings extensive engineering, data science and innovation knowledge.
“This acquisition further solidifies Concentric’s forklift power business and reach throughout the critical Illinois and Indiana markets.”
The service capabilities of Indy Power Grid are said to range from diagnostics and repairs of batteries and chargers to planned maintenance programs. The company also sells and offers new equipment, rental and used batteries and chargers.
Michael Galyen — Indy Power Grid President said: “Our mission at Power Grid has been to bring our customers’ expertise and know-how to maintain smooth operations while servicing their power needs.
“Our primary goal is to provide successful and expedient solutions for their everyday challenges. As we join Concentric, I’m thrilled to not only maintain this important mission but to further our capabilities and offerings, such as GuaranteedPOWER, for an even broader customer base.”
Concentric, which is an OnPoint Group company, is a material handling and facility services organization.