Insights
Benchmark International Has Successfully Facilitated The Transaction Of Plant Drives & Systems To Aes, Inc.
April 4, 2024
Plant Drives & Systems, specializing in systems integration for variable-frequency drives and automated systems, is pleased to announce its acquisition by AES, Inc., an esteemed industrial equipment solutions provider.
Plant Drives & Systems, based in Chattanooga, TN, specializes in systems integration for variable-frequency drives and automated systems. Since 2010, the company has prioritized delivering high-quality service to its customers. The acquisition will help grow the current facility and expand their service geographically.
AES, Inc., established in 1992, is a renowned industrial equipment solutions provider based in Mount Airy, NC. With over 120+ employees, it is a powerhouse providing industrial electronic, hydraulic, and mechanical equipment repair services and new and used equipment sales. Its impeccable reputation is a testament to its commitment to quality, and it is thrilled to welcome Plant Drives & Systems into its fold.
“This is an exciting time for Plant Drives & Systems and AES. As one unified team, we will become an even stronger service provider within our industry.”—Nicholas Cooke, CEO, AES, Inc.
“To echo Mr. Cooke, joining these two companies will enable them to service their customers better and become an incredible force in their respective industries. This is what we strive for when representing our clients. Congratulations to all.”– Senior Director Matthew Kekelis, Benchmark International
Share This Post
Categories
Get These Insights Delivered Directly To Your Email
Explore our curated collection today and stay ahead of the curve in M&A.
Publicaciones relacionadas
Benchmark International Announces Tyrus O’Neill as New Chief Executive Officer (CEO) of the AmericasTAMPA, FL – 03/14/2025 – Benchmark International, a leading global mergers and acquisitions (M&A) advisory firm, is excited to announce Tyrus O’Neill as the new Chief Executive Officer (CEO) of the Americas. The appointment is part of Benchmark International’s ongoing strategy to accelerate its global growth and service innovation.Expectativas para las fusiones y adquisiciones en el mercado intermedio en 2025Encuestas recientes han mostrado que las perspectivas de fusiones y adquisiciones para 2025 apuntan a los niveles más altos de optimismo de los últimos años en cuanto a la actividad de negociación. La decimocuarta encuesta anual de Citizens Bank a más de 400 ejecutivos de alto nivel del mercado medio y directivos de capital riesgo de Estados Unidos afirma que un entorno económico favorable es una razón clave por la que las empresas y los inversores buscarán estrategias de fusiones y adquisiciones en 2025. Además, las incertidumbres de los últimos años han remitido, y se prevé que las valoraciones se mantengan estables o sean superiores a las de años anteriores. Mientras tanto, las empresas medianas más pequeñas están adoptando un enfoque más reservado, y muchos vendedores optan por vender una parte de su negocio frente a una venta completa. En resumen, los responsables de la toma de decisiones encuestados esperan que en 2025 se produzca un crecimiento económico y un mayor índice de operaciones de fusión y adquisición.