Concentric establishes a foothold in the data center market with CPS acquisition
Concentric, a distributed power services provider, is acquiring Communications Power Solutions (CPS) to enter the lucrative fiber and data center power management and engineering space.
Financial details of the acquisition were not disclosed.
CPS has established itself as a critical figure in the data center market, having been in this market segment for over 30 years.
CPS President Dan Washburn will lead the merger, which will merge Concentric with CPS's team of certified and highly skilled technicians and a robust engineered design team with expertise in the design, installation, and maintenance of DC power systems.
Concentric said that the acquisition broadens its footprint in the rapidly growing Southwest region and enhances its ability to address clients' unique power challenges at the intersection of communications and data center infrastructure.
CPS also brings a Tier 1 customer list. It is a certified contractor approved to conduct installs or replacements for Verizon, Lumen, and AT&T.
"There is a growing convergence of communications and data center infrastructure," said John Winter, CEO of Concentric. "The addition of CPS extends our reach into the Southwest, delivering on our promise to provide consistent service nationwide, and enhances our DC power capabilities in engineered design, installation and lifecycle maintenance."
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Sean Buckley
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