June 11, 2023
CES Power, Memphis, Tenn., a global provider of sustainable mobile power generation, distribution and temperature control solutions for large events, has acquired Boston-based Immedia Event Productions.
CES Power said the alignment will provide a new hub in New England, strengthening its capabilities in Boston and solidifying its commitment to strengthening services in the Northeast.
CES Power is backed by industrial-focused private equity firm Allied Industrial Partners (AIP). Terms of the transaction were not disclosed.
Established in 1976 by Gerard Kapoyan and later acquired by American Equipment Group, Immedia Event Productions works with clients to stage events at public and private indoor and outdoor venues. The company provides full-service power generation and HVAC services for large and small events throughout the northeastern U.S., including Massachusetts, Connecticut, Maine, New Hampshire, Rhode Island, Vermont, New York City, and Albany, N.Y.
Managing Partner Mike Dunn, who managed the operations of Immedia Event Productions since 2015, will remain on board along with the entire Immedia team. “We at Immedia are thrilled to be joining the CES Power team. This acquisition represents a monumental step forward for us,” Dunn said.
The acquisition is CES Power’s sixth since being acquired by AIP in June 2021, and the company said it will continue to seek further add-on acquisitions in areas of strategic interest.
“This strategic alignment with Immedia signifies a key moment of expansion and potential for both our companies. We’re excited about the prospects of what we can achieve together,” said Greg Landa, CEO, CES Power.
“With the acquisition of Immedia, we are continuing to build upon CES Power’s strategic growth plan,” said Bradford Rossi and Philip Wright, co-founders and managing partners at AIP. “Live event managers demand a seamless experience, and CES Power is increasingly poised to deliver a reliable, complete infrastructure solution to its customers and event attendees.”
