Madison River Capital Announces Strategic Investment in Nexus Power
Investment accelerates Nexus Power's platform and geographic expansion as demand for high-specification power infrastructure surges across data centers, utilities, and industrial end-markets
Madison River Capital ("MRC"), a lower middle market private equity firm, today announced a strategic investment in Nexus Power (the “Company”), a manufacturer representative and provider of design, engineering, procurement, and project management solutions for integrated high-specification power systems. The investment will support Nexus Power's geographic expansion, targeted acquisitions in design engineering, and team growth, as the Company capitalizes on accelerating demand for power infrastructure across data centers, utilities, and industrial end-markets. Terms of the transaction were not disclosed.
Headquartered in Salt Lake City, Utah, Nexus Power serves customers across government, utilities, data centers, mining, oil and gas, and semiconductor manufacturing. The Company operates through two segments: a Commissions business generating revenue under exclusive territory agreements with tier-one manufacturers, and a Solutions business managing end-to-end coordination of low to high voltage gear, engineering partners, and delivery logistics. The Company is differentiated through its embedded electrical design engineering capability which is integrated directly into the sales process, enabling customers to specify the right equipment, navigate emerging technologies, and develop long-term power infrastructure plans with a single accountable partner. Nexus Power is ABB's exclusive manufacturer representative across 11 Western and Mid-Western states, a relationship spanning more than 20 years, and partners with Hitachi and approximately 20 other electrical equipment manufacturers.
