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Guidant Power Ac Morrow Engineering

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Guidant Power, backed by private equity firm Shore Capital, has acquired Morrow Engineering in a strategic move to expand its electrical safety services portfolio. The deal represents the latest in a series of acquisitions by the industrial services provider as it continues to grow its market presence and capabilities.

Specializing in electrical safety, reliability, and training services, Guidant Power leverages the acquisition to enhance its technical expertise and service offerings. The company now has broader capabilities to serve industrial clients across multiple sectors, potentially increasing its competitive position in a fragmented market with specialized players.

Financial terms of the acquisition remain undisclosed, but the move aligns with Shore Capital's investment thesis of backing companies in the industrial and energy services space. Guidant Power now has a more comprehensive suite of solutions to address the growing demand for electrical safety expertise in manufacturing and industrial operations.