Maxima Power Group, A Sunbelt Solomon Company

We are thrilled to share that Maxima Power Group has been acquired by Sunbelt Solomon Services, with the strategic support of Trilantic North America. This acquisition represents a significant milestone for our company and marks a new chapter of growth and opportunity. Sunbelt Solomon, a leading provider of customized electrical power solutions and services, has acquired Maxima Power Group, comprised of Magna IV Engineering Inc., Power Solutions Group LLC., and Industrial Tests Inc. Founded in 1982, Maxima Power Group employs a 370-person team spanning almost 20 locations across the United States, Canada, and Chile. Following the acquisition, Maxima Power Group will continue to operate under its existing brands. Kelly Butz, who currently serves as the Company’s Chief Executive Officer, will continue to lead the business and take on additional responsibility as President of Sunbelt Solomon’s combined field services portfolio of brands. The union of these companies will double Sunbelt Solomon’s existing capabilities and expand its footprint, enabling it to serve customers from 35 locations globally. Gus Cedeño, CEO of Sunbelt Solomon, stated: “We are thrilled to add Maxima Power Group’s team and capabilities to Sunbelt Solomon. Given the breadth, scale, and enhanced scope of services in critical power infrastructure, the unified team will be able to offer our customers a unique experience in the industry. Overnight, our combined field services capabilities double in the United States, while in Canada the complementary nature of our existing temporary power and rental services blended with our strong field services presence establishes an unparalleled product offering, while creating a foundation to deploy the complete portfolio of repaired and reconditioned power distribution equipment across Maxima’s service lines. Broadening Sunbelt Solomon’s presence in the Americas via Maxima’s operation in Chile also provides a superb expansion path for our products and services beyond our traditional North American market.” Kelly Butz, CEO of Maxima Power Group, shared his excitement: “What excites me most about joining forces with Sunbelt Solomon is the opportunity to work with a team that, right from the moment I first met them, felt there was cultural alignment, and it was clear how Maxima could help Sunbelt Solomon maintain and expand its leadership position in the market. To help Sunbelt Solomon in their quest to provide full lifecycle services on a wide range of equipment aligns exactly with Maxima’s Vision of being the World’s Most Trusted Power, Energy, and Automation Solutions Provider. We look forward to our future together and the many opportunities to come for the business and its employees, as we write the next chapter in our over 40-year history.” To read the full press release: https://ow.ly/TcJR50SOQr1

We are proud to announce that Magna IV Engineering has received its fourth consecutive Canada's Best Managed Companies award, a testament to their dedication and mission of creating superior client experiences.

We are thrilled to announce that Maxima Power Group has welcomed Industrial Tests, Inc. (ITI) into our consortium of companies, effective April 30, 2024. This welcomed addition marks a significant milestone on our journey to becoming the world's most trusted provider of power, energy, and automation solutions. ITI, a NETA-accredited company with over three decades of experience, is renowned for its expertise in electrical testing, maintenance, and inspection. Their commitment to delivering quality technical services aligns with Maxima Power Group's mission to deliver superior client experiences. ITI now joins Magna IV Engineering and Power Solutions Group LLC, two reputable subsidiaries known for their excellence in the industry. With a combined workforce of over 360 professionals and 17 office locations across Canada, the United States, and Chile, Maxima Power Group is well-equipped to offer comprehensive solutions to clients worldwide. With this welcomed collaboration, Maxima Power Group expands its portfolio to include ITI's extensive range of services. We are excited to welcome ITI's talented team to Maxima and look forward to leveraging their expertise. We invite you to join us in extending a warm welcome to ITI as we embark on this exciting journey of growth and collaboration. Together, we will continue to push the boundaries of innovation and set new standards of excellence in the industry. www.maximapowergroup.com #MaximaPowerGroup #IndustrialTestsInc #WelcomedAddition #PowerAndAutomation #NETAAccredited #ElectricalEngineering #ElectricalTesting #ElectricalMaintenance #MagnaIV #PowerSolutionsGroup #ElectricalIndustry #MergersandAcquisitions #Acquisitions