An individual investor acquired a company that offers electromechanical services in Grand Rapids.
Brent Pelishek, a program engineer in the automotive technology industry, recently acquired EMS (Electric Motor Service) Grand Rapids, located at 1057 Cottage Grove St. SE, according to Small Business Deals Advisor (SBDA), the Grand Rapids mergers and acquisitions firm that facilitated the transaction.
Terms of the deal were not disclosed.
Trent Bremer purchased the business along with three partners in 2016 and had served as its president since then. Now ready to pursue other opportunities, Bremer engaged SBDA to find a buyer.
“We are very pleased with the outcome of this transaction,” Bremer said. “SBDA did an exceptional job of finding the right partner to continue the company’s success and growth.”
Founded in 1929, EMS Grand Rapids is a service center accredited by the Electrical Apparatus Service Association (EASA). It sells and repairs electric motors, gearboxes and pumps, and provides on-site service for customers who need assistance in the installation, alignment or troubleshooting of electric motors.
EMS also distributes a variety of electric motor brands for various applications.
The company has nine employees.
SBDA associate Rick Purcey served as the lead M&A adviser to EMS Grand Rapids on the transaction, including managing the preparatory, marketing, due diligence and negotiation phases of the transaction.
“EMS has built a leading brand with diverse electromechanical capabilities,” he said. “It was a pleasure working with Trent and the EMS team on this transaction.”