Jones Day advised High Road Capital Partners on the deal.
High Road Capital Partners announced that its portfolio company Exponential Power has completed the acquisition of Static Power Conversion Services Inc.
Founded by John Marino in 1999 and based in Bakersfield, California, Dry Creek Enterprises provides custom DC battery system design, project management, and battery testing, maintenance, and repair, as well as installation and removal services, to a variety of locations with critical power needs, including power plants, refineries, emergency response systems, and off-grid backup systems.
Static Power Conversion Services Inc., located in Columbia, Maryland, has provided comprehensive engineering, sales, and service to users and manufacturers of critical power systems for nearly four decades. Static Power was co-owned by Ruth McFadden, President; Andrew Nauman, VP & Director of Technical Services; and Robert De Lauter, Operations Manager, who will remain involved in the business.
The Jones Day team was led by Charles Hardin (Picture).
Involved fees earner: Charles Hardin – Jones Day;
Law Firms: Jones Day;
Clients: High Road Capital;