PowerSecure International, the fast-growing Wake Forest energy services company, announced a series of acquisitions Thursday valued at $4.3 million.
The 700-employee company said it bought the final 10 percent ownership stake from Southern Energy Management and the final 33 percent ownership stake in IES LED lighting business. Both acquisitions had been previously announced with options to buy out the entire business.
PowerSecure also said it acquired Powerline EHV & Safety Training, a utility infrastructure safety training business. This acquisition strengthens PowerSecure's focus on safety industrial programs, the company said.
PowerSecure has several lines of business: solar panel installations, high-efficiency lighting, emergency power generators,and utility infrastructure maintenance and services.