Investcorp, a global alternative investment firm, has sold its investment in RESA Power, a provider of power systems and solutions, to Kohlberg, a U.S. middle-market private equity firm. Financial terms were not disclosed.
RESA’s management team and employee shareholders will retain a minority stake in the company following the sale.
Founded in 2003, RESA provides comprehensive solutions to the power services industry, including mission-critical maintenance, testing and systems integration for electrical infrastructure across North America. The company serves a diverse base of industrial, commercial and utility customers through its network of more than 50 service locations.
Since Investcorp’s acquisition in 2021, RESA has significantly expanded its service offerings into a full suite of electric power services in a diverse range of end markets and use cases. It also has accelerated its organic growth across geographies and product categories through strateg