Blue Sea Capital LLC (“Blue Sea Capital”) announced the sale of RESA Power (“RESA” or the “Company”) to Investcorp.

Headquartered in Houston, Texas, RESA Power has over 20 locations across the United States and Canada. The Company is a market leader in providing maintenance and testing, systems integration and related distribution services to customers across the renewables, commercial and industrial end markets in North America. The Company draws on its experienced and highly skilled employee base of NETA technicians, systems solutions technicians and engineers to serve over six thousand customers.

Rick Wandoff, Managing Partner at Blue Sea Capital commented, “Over the past four years, RESA Power has established itself as a leader in the electrical power services industry by offering best-in-class client service to customers and executing on multiple accretive acquisitions. We are proud of the Company RESA has become under the leadership of a purpose-built management team. We are particularly appreciative of the contributions of RESA’s technicians and employees throughout the pandemic, which contributed to accelerating growth and share gains. We wish Monte Roach and the entire RESA team, as well as Investcorp, much continued success in their next phase of growth.”

Monte Roach, CEO of RESA Power added, “We would like to thank Blue Sea Capital for their unwavering commitment to our business and true partnership orientation. It has been a pleasure to work with Blue Sea and we couldn’t be happier for them.”

William Blair and Lincoln International served as financial advisors to RESA, with Jones Day acting as legal counsel to the Company.