JEB, Inc. has completed its investment in Computer Power & Service, Inc., the Pacific Northwest’s largest independent provider of critical power system support for data centers. As part of its investment, JEB will work closely with CPSI’s current president and principal John Dwyer and his team to provide the resources necessary to meet increasing client demand and achieve the organization’s robust growth potential. Financials details of the transaction were not disclosed.
“As businesses, government agencies, non-profit organizations, schools and medical facilities are increasingly looking to cloud-based hosting solutions, the need for additional data center capacity continues to expand, creating even more demand for the clean, reliable energy that powers this technology,” said Erik Krieger, chairman of JEB, Inc. “CPSI meets the hardware, maintenance and monitoring needs of these data centers, and with JEB’s resources, John Dwyer and his entire team are uniquely positioned to capture an even larger share of this growing industry.”
CPSI specializes in critical power system design, sales, installation, service and 24/7 complete systems and component monitoring. The company has expertise in every component of critical power systems regardless of manufacture, including uninterruptible power supplies, power distribution, transfer switches, battery and flywheel backup and environmental regulation compliance equipment. The company serves blue-chip clients across the Pacific Northwest and has recently expanded to offices in Ohio and Virginia.
“With the transaction closed, we’re eager to leverage our partnership with JEB to better serve our growing customers,” said CPSI’s John Dwyer. “Having a well-capitalized partner with experience in and a thorough understanding of the segment will allow our team to deliver our expertise and platforms to more regions around the world.”