SAN FRANCISCO, CA (December 6, 2023) — American Pacific Group (“APG”), a San Francisco Bay Area-based private equity firm, has announced the successful completion of the previously announced acquisition of Spark Power Group Inc. (“Spark Power”), a leading provider of electrical power and maintenance services.
Headquartered in Oakville, Ontario, Spark Power provides comprehensive end-to-end electrical power and maintenance services to a wide range of industrial, utility, and renewable energy end-markets across North America. Since its inception, Spark Power has grown consistently by serving as a trusted and dependable partner to its diversified base of blue-chip customers. Through its partnership with APG, Spark Power expects to build upon its longstanding reputation as an industry leader by continuing to deliver best-in-class services for its customers.
Richard Jackson, CEO of Spark Power, said, “We want to thank our employees, customers, and vendors, for their support in helping to build and shape Spark Power into the industry-leading organization it is today. Going forward, we are excited to be partnering with APG to execute our next chapter of growth. APG’s invaluable experience and support will help accelerate our ability to scale and better serve our key markets.”
Fraser Preston, Managing Partner at APG, added, “Spark Power has proven itself as a leader within the electrical services space through a demonstrated track record of high-quality service and technical expertise. We have been highly impressed by what the Company has been able to achieve since its founding and look forward to supporting the Spark Power team to grow its abilities to serve its customers.”
About Spark Power
Spark Power is a leading independent provider of end-to-end electrical services and operations and maintenance services to the industrial, utility, and renewable asset markets in North America. We work to earn the right to be our customers’ Trusted Partner in Power™. Our highly skilled and dedicated people, located in the communities we serve, combined with our knowledge of the power industry, technology expertise, and commitment to safety, ensures we deliver the right solutions that keep our customers’ operations up and running today and better equipped for tomorrow. Learn more at www.sparkpowercorp.com.
About American Pacific Group
American Pacific Group is a San Francisco Bay Area-based private equity firm with $1.2 billion of capital under management. Together with its management teams, American Pacific Group drives sustainable growth in its portfolio companies through the “Q Process,” a proprietary and tested approach to value creation. For more information, please visit www.americanpacificgroup.com.
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Media Inquiries:
Lauren D’Andrea, Manager of Corporate Communications & Brand
media@sparkpowercorp.com
+1 (416) 902-4393