CE Power Completes Add-on of 3C Electrical Company, Inc.
For more information, contact: Kevin Kenealey, Senior Managing Director of Mason Wells, 414-727-6400
CINCINNATI (June 7, 2016) – CE Power Engineered Services, LLC (“CE Power”), a leading provider of outsourced power system engineering, testing and maintenance services, is pleased to announce a merger with 3C Electrical Company, Inc. (“3C”) of Westborough, Mass. The business will continue to operate under the 3C name from its existing Westborough location. The current management and employees of 3C, including numerous professional engineers and NETA certified technicians, have played an integral role in the company’s growth and will continue to do so going forward.
3C specializes in electric power engineering, testing, and commissioning services for low, medium, and high voltage systems. The company also provides cutting-edge services related to electric reliability compliance standards. The merger creates exciting new opportunities for existing clients of 3C, including turnkey project management and product solutions. With expanded engineering and technical resources in the Northeast, the combination provides significant benefits for existing clients of CE Power as well.
Both 3C and its owner Jim Cialdea have a long-standing track record of serving the needs of industrial, generation, and commercial clients. “We have a solid 45-year reputation for providing our customers with safety, quality and value,” said Cialdea. “Moving forward that story will not only continue, but gain momentum from the additional resources joining with CE Power provides our customers and employees.”
"We believe that both organizations will benefit from this merger as we continue to grow as a premier, independent electrical power services provider," saidBill McCloy, President & CEO of CE Power.
About CE Power
CE Power is a leading independent provider of outsourced power system engineering, testing, and maintenance services that enhance the functionality and reliability of the electric grid. CE Power provides its services to electric utilities and industrial companies, and to certain commercial clients with critical power applications such as hospitals and data centers. CE Power’s services are delivered with the core business values of honesty and safety for employees, customers, and suppliers. CE Power is committed to being the leading-edge service provider to ensure asset integrity for new and existing electrical power systems. For more information, please visit the company’s website at www.cepower.net.
Founded in 1971, 3C provides outsourced power system testing, maintenance, engineering, and 24-hour emergency response services to the Northeast, including New England, New York, New Jersey and the surrounding areas. Known for its expertise with all major power system components, 3C serves the needs of generation, industrial, and commercial facilities. For more information, please visit the company’s website at www.three-c.com.
About Mason Wells
Mason Wells is a leading Midwest-based private equity firm that is currently investing through Mason Wells Buyout Fund IV, an approximately $615 million fund. Since Mason Wells was formed in 1998, its buyout funds have invested in four specific industry sectors: Outsourced Business Services, Consumer Packaged Goods, Engineered Products & Services, and Packaging Materials & Converting. For more information related to Mason Wells, please visit the firm’s website at www.masonwells.com.