Ipsum boosts its Power division with newest acquisition

London, UK – Specialist engineering services provider, Ipsum, has announced its acquisition of RJ Power, a leading provider of high voltage electrical services. 

The addition will complement Ipsum’s existing capabilities in connections, asset installation and replacement, and maintenance of high voltage electrical infrastructure. The acquisition expands the business’ footprint in and around the English capital, as well as in the North and Bristol – a critical step in its growth. 

Andrew Cowan, CEO at Ipsum, said: “It is a pivotal and exciting time for Ipsum as we continue to grow from strength to strength. The acquisition of RJ Power represents a major milestone in our journey, enabling us to expand our presence into London and the South-East. 

“As businesses across the UK intensify their focus on Net Zero ambitions, Ipsum remains dedicated to providing the highest standards of safety and exceptional customer service. We are fully committed to mobilising the right resources and expertise to support our customers in achieving their goals for sustainable resilient assets, while ensuring health, safety, quality and customer satisfaction.” 

Andrew Pierce, Managing Director of RJ Power, said: “We’re excited to partner with Ipsum, ushering in a dynamic new era for our business, employees, clients, and partners. This acquisition is a testament to our team’s commitment and effort, and it paves the way for significant growth, fresh innovation, and added value for those we serve. United by a common vision, we’re eager to reach new heights together and create even more success in the future.” 

Ipsum is a leading provider of engineering services in the Power, Water, Infrastructure and Telecoms sectors. It works in partnership with customers across regulated and non-regulated environments to optimise asset performance, supporting the security and resilience of critical networks. 

It utilises a data-driven approach and technologically enhanced methodologies such as no-dig and trenchless technologies to provide a quicker, greener, and more cost-efficient delivery of engineering, maintenance and repair services, Ipsum employs over 1,000 employees and operates throughout the UK. 

The transaction was advised by the sell side corporate finance advisers Grant Thornton.