Concentric LLC, an OnPoint Group Company acquires Industrial Power Products
Concentric, LLC, the national provider in DC power management and maintenance for the material handling and critical power industries, announced the acquisition of Industrial Power Products, the largest motive power distributor in the Mid-South. This acquisition will expand Concentric’s service footprint across West Tennessee, Arkansas, Louisiana, and Mississippi. Industrial Power Products has seven branch locations, each featuring service technicians that are factory-trained in battery, charger, and battery handling equipment repair. The company’s digitally-enabled power services complement Concentric’s digital PM platform, ConcentricCARE.
For almost thirty years, Industrial Power Products has been led by Owners and Operators Scott and Michelle Monteath who will remain in their roles after the acquisition. Under their leadership, the company has become well-known for its digitally-enabled forklift power services for manufacturers and distributors.
“I’ve had the privilege of collaborating with Scott and Michelle for years and this partnership is both personally and professionally exciting. The culture at Industrial Power Products is remarkable and they are renowned for their tech-forward service focus. We look forward to incorporating their DNA into our culture as we pursue our vision to provide a zero service interruption experience to customers,” said Concentric Chief Operating Officer, John Winter.
“We could not be more thrilled to join forces with Concentric, furthering our joint mission to bring safety, consistency, and cost savings to manufacturers and distributors across the country. We will now have the capability to utilize our service expertise to impact a national customer base,” said Industrial Power Products’ Owner, Scott Monteath.
