Exponential Power acquires Static Power
Exponential Power, Inc., a provider of stored power solutions, today announced its strategic acquisition of Maryland-based Static Power, a well-known provider of critical power systems.
Headquartered in Columbia, MD, Static expands Exponential Power’s service offerings to the MidAtlantic corridor and supports its mission of delivering reliability, advancing technology, and providing an unmatched experience for its customers.
Static Power has provided comprehensive engineering, sales, and service to users and manufacturers of critical power systems for nearly four decades. Static Power President Ruth McFadden joined the company in 1991 and became president in 2018. “Our team is very excited to join forces with Exponential Power,” said McFadden. “This partnership will allow us to provide our clients with expanded product and service offerings and enhanced expertise while continuing to provide the superior customer service our clients expect.”
McFadden, VP & Director of Technical Services Andrew Nauman, and Operations Manager Robert De Lauter co-owned Static Power and will continue in the business along with the employee team. Nauman has been with Static Power since 1987, holding many technical and management roles throughout the years. De Lauter began his career as a service technician in 2000 and became a registered professional engineer in 2012.
Exponential Power CEO Jake Walker added, “We’re thrilled to partner with Static Power and bring our wide range of stored power solutions to the Mid-Atlantic region. Ruth, Andy, Rob, and the team are highly regarded in the industry for their products and service. We’re thrilled to have them on board, and we look forward to continuing to serve our customers and accelerating the growth of our combined companies.”
