Sale of privately held operations that consist of a full spectrum of electrical equipment lifecycle support including aftermarket services, motor and generator reconditioning, remanufacturing and maintenance.

  • Deal Stage:  Closed Transaction
  • Service:  Sell
  • Sector: Industrials and Manufacturing
  • Sub-sector:
  • Contact Email: rgoodrich@cartermorse.com

Description

Following the strategic sale of the Connecticut based defense operations of Ward Leonard to Fairbanks Morse in December 2020, the remaining operations, located in Houma, Louisiana and Houston, Texas consisted of a full spectrum of electrical equipment lifecycle support including aftermarket services, motor and generator reconditioning, remanufacturing and maintenance to both downstream petrochemical markets and oilfield industries.

Following a short process Mr. Welch, through a new operating entity, acquired the assets of WLE and will be rebranding its name back to Houma Armature Works & Supply. The company will continue its EASA and ISO9001 accreditations and is employing approximately 82 current employees.

Members of this Deal

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Ramsey Goodrich
United States of America | Americas
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