Pfingsten announces that its portfolio company, Unified Power, acquired 24/7 Technology Inc. in Marietta, GA. 24/7 Technology is an independent service provider specializing in the critical power services market. The company offers a comprehensive range of preventive and emergency maintenance services, with a highly skilled team of field engineers supporting Alabama, Florida, Georgia, South Carolina and Tennessee.

“24/7 Technology’s geographical reach and high-caliber field engineers make it an ideal addition to the Unified Power brand,” said Chris Roach, President and CEO of Unified Power. “Our growing national service presence and strong organic growth is attributed to our world-class systems, field engineer training programs and ability to acquire high-quality independent service companies such as 24/7 Technology.”

This is Unified Power’s fifth strategic acquisition since Pfingsten became the majority shareholder in 2011. The transaction is part of Pfingsten’s strategy to create a leading national, independent service provider for the critical power industry, offering a full range of preventative and emergency maintenance services, parts, batteries and associated critical power equipment.

“The acquisition of 24/7 Technology strengthens Unified Power’s service coverage in the Southeast region,” said Phillip Bronsteatter, Principal at Pfingsten. “We continue to focus on strategic add-on acquisitions that bolster Unified Power’s service capabilities and geographic coverage for its customers.”

The transaction was completed on July 11, 2016. To learn more about Unified Power and 24/7 Technology, visit www.unifiedpowerusa.com or www.247technology.com.

About Pfingsten

Pfingsten is an operationally focused private equity firm formed in 1989. From its headquarters in Chicago, IL and representative offices in ChangAn, China, New Delhi, India and Chennai, India, the firm builds better businesses through operational improvements, professional management practices, global capabilities and profitable business growth rather than financial engineering. Since completing its first investment in 1991, Pfingsten has raised five investment funds with total commitments of approximately $1.3 billion and has acquired 113 manufacturing, distribution and business services companies. For more information, visit pfingsten.com.