It was late Friday afternoon when the media release arrived announcing completion of Spark Power’s acquisition of Ascent Solutions Inc., a division of Ascent (formerly St. Thomas Energy).
The pending sale was announced at the beginning of March and involves the Oakville, Ontario firm’s purchase of Tillsonburg-based Tiltran — acquired by Ascent in 2007 — and Belleville operation Tal Trees — acquired in 2009.
Both will operate as members of the Spark Power Group of Companies but function as autonomous, highly integrated operating teams, according to the release.
Tiltran and Tal Trees specialize in constructing and maintaining medium to high voltage substations and power lines, engineering services and equipment sales and offer 24/7 emergency response.
The combined businesses include 53 employees based in the two locations.  Continue reading →