Canter Power Systems Expands Gulf Coast Presence with Optimize Generator People Acquisition

Core Insights - Canter Power Systems has acquired Optimize Generator People, enhancing its position as a leading provider of residential backup power solutions in the U.S. [1][3] - This acquisition marks Canter's sixth add-on acquisition since partnering with Rotunda Capital Partners in 2021, indicating a strategic growth trajectory [1][4]. Company Overview - Canter Power Systems is recognized as one of the largest independent installers of home standby generators in the U.S. and has been a Generac Power Premier Pro dealer since 2016 [5]. - The company has achieved significant accolades, including being Home Depot's largest national residential generator installer since 2007 and receiving the Generac Industry Excellence Award in 2021 and 2022 [5]. Optimize Generator People - Optimize, based in Baton Rouge, Louisiana, specializes in generator installation, inspection, and repair services across four locations in Louisiana [2]. - The company is known for its technical expertise and reliability, making it a trusted partner for homeowners seeking backup power solutions [2]. Strategic Partnership - The partnership between Canter and Optimize aims to expand their reach across the Gulf Coast and Southeast U.S., enhancing installation, service, and maintenance capabilities [3]. - Homeowners will benefit from a wider range of solutions, including comprehensive repair and preventative maintenance services [3]. Management Perspectives - Canter's CEO, Brian Lopatka, emphasized the importance of the acquisition in serving more homeowners and delivering value across combined markets [4]. - Matthew Newman, Managing Partner of Optimize, highlighted the access to additional resources that will help both companies create new opportunities for employees and customers [4]. - Ryan Aprill from Rotunda noted that this acquisition strengthens Canter's ability to serve customers in the Gulf state region, following previous successful acquisitions [4].