27th September 2024
PRESS RELEASE:
WASP Announces the Sale of its USA Critical Power Division to Avail Infrastructure Solutions
St Albans, UK based WASP PFS (”WASP”) is pleased to announce the sale of its USA Critical Power Solutions business to Avail Infrastructure Solutions (“Avail”).
WASP’s Critical Power Solutions business based in Central Illinois, is a fast-growing provider of low voltage power distribution and switchgear technology to the US data center and renewables industries. The acquisition expands Avail’s product portfolio which includes medium voltage switchgear, bus-way and acoustic enclosures, to include low voltage solutions, notably for the data center market.
WASP Managing Director Henry O’Lone commented;
The combination of WASP’s Critical Power division with Avail is an exciting milestone for the business. Avail is a highly respected, customer-focused industry leader in our markets. In recent years, we have witnessed unprecedented demand for low voltage power distribution solutions. Combining WASP’s Critical Power business with Avail will enable the business to grow even faster and better serve our customers’ wider needs. We are incredibly proud of everything that the Critical Power team has achieved and the directors, Richard Massara and I would like to thank and wish our Critical Power colleagues every success under Avail’s ownership.
CEO of Avail Bill Johnson, added
WASP’s Critical Power Solution’s business is a leading provider of switchgear for the data center and EV infrastructure markets that puts quality first. The leadership team led by Henry O’Lone, Mohammad Megdad and Luke Colwell has built a quality-driven business with marquee customers that supports a fast-growing market. The leadership team brings significant industry expertise and has earned a great name in the industry for providing unique customer solutions in an expedited manner, which allows the business to attract large, sophisticated customers. We look forward to leveraging this experience in ensuring quality customer service, while integrating their terrific employees into the Avail family. We are delighted to extend a warm welcome to all of WASP’s critical power colleagues to the Avail team.
WASP’s fuel management and filtration business is not impacted by the transaction.
About WASP
WASP and WASP PFS are trading names of WASP Technologies Limited, the St Albans UK-based provider of fuel management and filtration solutions. WASP is a leading provider of high-end fuel management systems to significant critical power users globally that rely on back-up power solutions for business continuity and risk management. WASP’s solutions ensure fuel is maintained in optimal condition to burn cleanly and efficiently, minimising waste and carbon emissions. WASP counts amongst its customers some of the largest internet and technology companies in the world, in addition to militaries, coast guards, governments and civil infrastructure providers. WASP has production operations in the UK with distributors in 52 countries globally.
For all enquiries, please contact Henry O’Lone
Henry.Olone@wasp-pfs.com
+44 (0)1923 606 600
Ends
ABOUT WASP | PRODUCT RANGES | INTRODUCTION TO FUEL POLISHING