Integrated Power Services (IPS) agreed to acquire assets of ABB’s Industrial Services business. The business includes a U.S. and Canadian service shop network with locations in Tucson, Arizona; Evansville, Indiana; Charlotte, North Carolina; Edmonton, Alberta, Canada; and Burlington, Ontario, Canada.

The transaction is expected to close in Q3 2024.

The acquisition would bring to IPS approximately 114 employees; and five well-equipped electric motor, generator, mechanical, switchgear, and circuit breaker service centers, which were part of the General Electric Industrial Solutions acquisition by ABB in July 2018.

The ABB Industrial Services business offers repair and field service capabilities for electric motors up to 50,000 hp, and low- and medium-voltage switchgear. Additionally, the service centers perform rotating equipment repair services for pumps, compressors, blowers, bearings, gearboxes, and OHV mining drivetrains.