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American Pacific Group Accelerates Growth with Investment in Spark Power

Gracie Gottlieb | 6 December, 2023

SAN FRANCISCO – American Pacific Group (APG), a leading private equity firm based in the San Francisco Bay Area, is pleased to announce the successful completion of its investment in Spark Power Group Inc. This strategic partnership will enable Spark Power, a renowned provider of electrical power and maintenance services, to further enhance its position as an industry leader.

Headquartered in Oakville, Ontario, Spark Power serves a diverse range of industrial, utility, and renewable energy end-markets across North America. The company has built a strong reputation by consistently delivering high-quality and reliable services to its blue-chip customer base. With APG's support, Spark Power aims to continue its commitment to excellence and elevate its service offerings.

Richard Jackson, CEO of Spark Power, expressed his gratitude to the employees, customers, and vendors who have contributed to the company's growth. He stated, "We are grateful for the support that has helped shape Spark Power into the industry-leading organization it is today. We are excited about our partnership with APG, as their vast experience and support will accelerate our ability to scale and better serve our key markets."

As part of the investment, Fraser Preston, Managing Partner at APG, acknowledged Spark Power's established track record as a leader in the electrical services industry. He commented, "We have been highly impressed by what the company has achieved since its inception. We look forward to working closely with the Spark Power team to further strengthen their ability to meet customer needs."

American Pacific Group, with $1.2 billion of capital under management, is known for its expertise in driving sustainable growth in portfolio companies. Through its proprietary "Q Process," a tested and proven approach to value creation, APG actively supports management teams to optimize performance.

To learn more about American Pacific Group, visit www.americanpacificgroup.com. For additional information on Spark Power and its offerings, please visit www.sparkpowercorp.com.

In conclusion, American Pacific Group's investment in Spark Power marks an important milestone for both companies. With APG's backing, Spark Power is poised to expand its capabilities and continue providing exceptional electrical power and maintenance services to its valued customers across North America.

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