The Company is a leading provider of products and services related to stationary battery, dc power and critical power systems. Last year’s revenue was derived from the following industries: electric utilities (60%), data centers (20%), telecom clients (15%), and industrial clients (5%). The Company’s success is based on over 75 years of combined experience in the sale, design, engineering, installation, maintenance and testing of stationary battery and dc power systems.
The Company ensures the continuity of critical power by providing 24/7 support to its clients. The Company secures client loyalty by providing the highest standard of service and support resulting in the utmost level of critical power system reliability and continuous uptime. In addition, the Company adheres to the latest recommended practices of the Institute of Electrical and Electronics Engineers (IEEE) Standards.
The Company’s product and service lines are equally split between hardware sales (50% of revenue) and service (50% of revenue). Approximately 28% of the Company’s revenue is composed of ongoing service and maintenance contracts.
* Strong Client Relationships: The Company has established long-standing relationships with essentially all of its clients. Many of these relationships have existed since inception. Some of the Company’s clients include well-known blue-chip companies.
* Recurring Revenue: The Company’s service mix includes recurring service and maintenance contracts. In 2015, recurring contracts represented 28% of the Company’s revenue.
Asking Price Available On Request
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