Friday 27 September 2024  – 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 centre 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 centre 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 centre 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.